At the tail end of February 2023, billionaire Kenyan investor Baloobhai Patel,85, bought an additional 14.6 million shares of the Cooperative Bank of Kenya worth Ksh...
“The success of Co-operative Bank cannot be appreciated by simply looking at its good financial performance alone. Rather, its strength lies in the transformative influence it...
The Equity Bank Group brand is worth Ksh 69 billion (US$531.7 million) and is Kenya’s strongest banking label, according to Brand Finance Banking 500 2023 report....
Kenyan lender KCB Group, the largest financial services organization in East Africa in terms of asset size, posted a 19.5% rise in 2022after-tax profit to 40.8...
KCB Group Plc, Kenya’s second-biggest bank by assets, is in talks to acquire stakes in lenders in Ethiopia as it revives plans to expand into Africa’s...
Equity Group Holdings, a leading financial institution in Kenya with operations in several other African countries, announced a 10% increase in pretax profit for the first...
The banking sector displayed positively throughout the year. Robus’s double-digit performance was reported by all the nine listed banks under our coverage as the lenders weaved...
NCBA targets to begin lending in Ghana in first half of 2023 Bank’s nine-months net income climbs as forex earnings jump By Bella Genga NCBA Group Plc plans...
Standard Chartered Kenya, the first foreign-registered bank within East Africa’s largest economy, posted a 36% jump in its pretax profit for 2022 to 17.1 billion...
The High Court this June delivered a significant blow to the Kenya Revenue Authority (KRA) by ruling that it cannot impose levies on the fees collected...