Stanbic Bank and Kenya Breweries Limited Partner to Combat Climate Change with Tree-Planting Initiative
Stanbic Bank Kenya and Kenya Breweries Limited (KBL) have joined forces in effort to support Kenya's green economy. The two organizations have committed to planting...
Access Bank Finalizes Acquisition of Standard Chartered Subsidiaries in Angola and Sierra Leone
Access Bank Plc has announced the successful acquisition of Standard Chartered Bank Angola and Standard Chartered Bank Sierra Leone. The acquisition follows a 2022 agreement...
Jubilee Health Insurance Honored with MSK Award for “Always With You” Campaign
Jubilee Health Insurance (JHI) has clinched the Brand Communication Campaign of the Year Award at the 2024 Marketing Society of Kenya (MSK) Gala Awards. The...
SBM Bank Kenya Sues Hassan Joho Over Sh54.5 million Islamic Banking Loan Default
SBM Bank Kenya Ltd has taken legal action against Mining Cabinet Secretary Hassan Ali Joho in an effort to recover Sh54.5 million in loan arrears...
CBN Set to Raise Interest Rates for Fifth Time in 2024
The Central Bank of Nigeria (CBN) is expected to implement another interest rate hike during its Monetary Policy Committee (MPC) meeting on November 26, marking...
Absa Bank Kenya Lowers Account-to-Mobile Wallet Transaction Limits
Absa Bank Kenya has revised its transaction limits for account-to-mobile wallet transfers, reducing the maximum per transaction amount from Ksh 500,000 to Ksh 150,000, with...
NCBA Bank Partners with Xpress Money to Enhance Remittance Transfers Across Africa
NCBA Bank has joined forces with Xpress Money to streamline remittance services for its diaspora customers. The partnership will provide options like Cash-to-Cash, Account Credits,...
NCBA Bank Kenya Takes Over KSh 860 Million Loan from Absa Bank for Unga Group
NCBA Bank Kenya has acquired a KSh 860 million loan previously issued by Absa Bank Kenya to Unga Group, the listed milling company. The loan,...
Stanbic Bank Kenya Reports Ksh 10.14bn Net Profit for Q3 2024
Stanbic Bank Kenya has announced a net profit of Ksh 10.14 billion for the third quarter of 2024, marking a 9.26% year-on-year increase. This was...
List of the Kenya Bankers Association Catalyst Awards 2024 Winners
The Kenya Bankers Association Catalyst Awards 2024 celebrated Kenya’s leading financial institutions for their outstanding contributions to sustainable development, innovation, and inclusivity. Held annually, the...