The Kenya Financial Reporting Centre (FRC) has frozen several local accounts connected to the fraud and is working with international authorities to recover the stolen Sh322...
Looking ahead, Equity Group is strategically positioned in East Africa, a rapidly growing region with significant economic potential. Its diversified business model—encompassing banking, insurance, health, technology,...
Standard Bank's establishment of an offshore unit in Mauritius marks a pivotal step in its commitment to driving Africa's economic development. By expanding its service offerings...
BIO entered Kenya in 2019, focusing on sectors where private sector involvement could drive development. Its initial impact came through partnerships with local financial institutions, providing...
SC JUZA is crafted to simplify banking. With its user-friendly interface, customers can effortlessly apply for loans, manage their finances, and access a range of banking...
In Kenya, Dubai Islamic Bank has carved out a strong presence in the corporate banking sector, setting itself apart from conventional banks by focusing on its...
Stanbic Bank's initiatives are also in line with global sustainability standards and frameworks, including the UN Sustainable Development Goals (SDGs). Its green financing strategy follows the...
Co-operative Bank expects to maintain strong momentum in its business operations, driven by ongoing digital transformation initiatives and strategic partnerships. The bank remains committed to a...
The growth can be primarily attributed to increased revenue from loans. Concurrently, the bank strategically decreased its investments in local government bonds by 8%, bringing the...
The loan agreement with DEG is designed to offer Stanbic Kenya flexible financing terms, enabling the bank to effectively utilize these funds for a range of...