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...
Why Kenyans Prefer To Take Their Paychecks at I&M Bank in 2024
I&M Bank Ltd Kenya has emerged as a leader in attracting new customers, doubling its personal accounts in 2023. The bank added a staggering 68,666...
Why M-Pesa Balances Are Interest-Free
Millions of Kenyans using M-Pesa and other mobile money services might be surprised to learn they could be earning interest on their deposits. A 2014...
Understanding the Factors Driving Kenya’s Treasury Bonds Tap Sale Success
Kenya's recent Treasury bond auctions have been a hotbed of activity, with investor demand significantly exceeding the government's offerings. The latest example comes from the...
Kenyan Government’s Debt Settlement For Kenya Airways and its Impact
The Kenyan government settling Kenya Airways' debt with Exim Bank highlights digital banking's growing importance. This move signifies a shift toward modern financial solutions for...
Insights from the Failed Bid to Freeze Anne Amadi’s Bank Accounts in Gold Fraud Case
The failed attempt to freeze Anne Amadi's bank accounts in a gold fraud case highlights issues in digital banking security. This incident exposed gaps in...