KCB Bank Reduces Base Lending Rate to 13.85%
KCB Bank has announced a reduction in its base lending rate from 14.6% to 13.85% per annum, following the Central Bank of Kenya’s (CBK) latest...
Best Digital Banks in Kenya: No Queues, No Paperwork
As Kenya continues to lead the continent in digital financial innovation, a new wave of mobile-first banks is transforming the way people manage their money....
NBC, TAFINA Partner to Boost Fintech and Financial Inclusion in Tanzania
The National Bank of Commerce (NBC) has partnered with the Tanzania Fintech Association (TAFINA) to accelerate fintech innovation and promote inclusive financial services across Tanzania....
Safaricom Launches second phase of the Spark Accelerator Program; Here is how to Apply
Safaricom has officially launched the second phase of its Spark Accelerator Program, opening applications for a new cohort of early-stage startups. The announcement follows a...
Co-operative Bank FY 24 Profits Hits Sh 25bn
Co-operative Bank of Kenya net profit for the year ended December 2024 rose to Sh 25.46 billion, a 9.8 percent increase from the previous year....
Family Bank Names Lazarus Muema as Board Chair After the Passing of Mungai
Family Bank has announced the appointment of Mr. Lazarus Muema as the new Chairman of its Board of Directors following regulatory approval. Mr. Muema, who...
I&M Bank Marks 50 Years of Excellence
I&M Bank is celebrating its golden anniversary, marking five decades of exceptional service and regional expansion. From its humble beginnings in 1974 as Investments &...
Equity Bank Tops as Kenya’s Leading Brand in Value
Equity Bank has once again solidified its position as the undisputed king of Kenyan brands, with a brand value increase of 1% to KES 65.8...
Why Kenyans Are Keeping Their Money in Multiple Banks Accounts
A recent survey by the Kenya Banking Association paints a clear picture: over 62% of Kenyans choose to bank with multiple institutions, a trend that...
I&M Bank Tanzania Reports Record 543% Rise in Profit after Tax
I&M Bank Tanzania profit after tax skyrocketed by an impressive 543%, reaching a record high Tsh 1.8 billion (Ksh 0.09 billion) for the first quarter...