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...
Looking forward, Co-operative Bank expects to maintain strong momentum in its operations, driven by its ongoing digital transformation initiatives and strategic partnerships. The bank remains focused...
One of its primary focuses was Kenya, a rapidly growing economy in East Africa. In this region, it made its inaugural private investment by acquiring a...
The bank intends to keep investing in digital innovation, broadening its product offerings, and solidifying its market presence throughout Kenya. Focusing on a customer-centric approach and...
Driving the bank's recovery is a bold move to optimize financial performance. Equity Group focused on boosting deposits, achieving an 11% increase, while strategically cutting back...
As Kenya progresses towards its Vision 2030 goals, the selection of the new German firm underscores CBK's commitment to protecting national interests and adopting advanced technology...
KCB Group's outstanding performance in the first quarter of 2024, was marked by a 69% rise in net profit to KShs. 16.5 billion, is a testament...
For the first time, Ethiopia will permit foreign banks to establish local subsidiaries and allow foreigners to acquire shares in domestic lenders, following the cabinet's approval...
Standard Chartered's strong financial performance in 2023, coupled with its dedication to HR excellence, highlights the bank's capability to thrive in a complex global environment. Standard...
