Category: Banks

Absa Bank Kenya has announced a Sh100 billion funding initiative aimed at empowering small and medium enterprises (SMEs) over the next three years. The announcement...

I&M Bank Uganda has launched Nyumirwa Break Time, an initiative that will offer retail loan customers a three-month repayment holiday from December 1, 2024, to...

Stanbic Bank Uganda, the nation’s leading lender by assets and profitability, is preparing to appoint Mumba Kalifungwa, the current managing director and CEO of Absa...

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 has acquired a KSh 860 million loan previously issued by Absa Bank Kenya to Unga Group, the listed milling company. The loan,...

Paul Russo, KCB Group CEO, has been named among the 2024 Meaningful Business 100 (MB100) honorees, a prestigious global award recognizing leaders for their exceptional...

President William Ruto has officially appointed Gerald Nyaoma Arita as the Second Deputy Governor of the Central Bank of Kenya (CBK). Arita takes over from...

Standard Bank South Africa has introduced an enhanced version of its SimplyBlu platform, offering a streamlined, all-in-one solution designed to support the evolving needs of...

SMEs, women, and youth-led businesses in Kenya are set to receive a huge financial boost following KCB Bank's partnership with the European Investment Bank (EIB)...

Diamond Trust Bank Kenya and Premier Bank Somalia have introduced wearable payment technology in East Africa, positioning both banks at the forefront of modern banking...