Relief for Borrowers as CBK Reduces Rates After Four Years
Bank borrowers will now breathe a sigh of relief as interest on bank loans is set to decrease. This comes after the Central Bank's Monetary...
Georgina Mukami Odhiambo Joins NCBA Bank as Head of IT Retail Banking
NCBA Bank has appointed Georgina Mukami Odhiambo as their new Head of IT Retail Banking. Georgina Mukami, who graduated in Information Technology from Jomo Kenyatta...
Commercial International Bank of Kenya (CIB) Opens a New Branch in Mombasa
Commercial International Bank of Kenya (CIB) has opened a new branch in Mombasa, taking its total to seven branches in Kenya. The new branch, located...
Absa Bank Expands with Second Branch in Eldoret
Absa Bank has launched a new branch in Rupa’s Mall, Eldoret, bringing its total number of branches in Kenya to 85. This new outlet, the...
KCB Bank Tanzania Profits after Tax Hit TZS 26.1 Billion in H1 2024
KCB Bank Tanzania recorded a profit of TZS 26.1 billion in H1 2024, marking a 46 percent increase from the TZS 17.8 billion recorded at...
I&M Bank Tanzania Records TZS 5.1 Billion Post-Tax Profit in H1 2024
I&M Bank Tanzania achieved a profit of TZS 5.1 billion in H1 2024, marking a remarkable 982% surge from TZS 0.5 billion at the beginning...
I&M Bank Earns Top Spot as Customer Favorite Bank on Social Media
I&M Bank is the number one customer-favorite banking brand on social media in Kenya, according to the 3rd annual Kenyan Banking Sentiment Index released by...
NMB Bank Named Best Bank in Tanzania
NMB Bank Tanzania has been recognized as the top bank in the country by the esteemed Euromoney Awards for Excellence, reaffirming its status as the...
African Development Bank Grants $1 Billion Loan to South Africa’s Transnet
African Development Bank has approved a $1 billion (ZAR 18.85 billion) loan to Transnet, South Africa’s major freight and logistics company, for its recovery and...
Absa Bank and Old Mutual Launch Linda Biz for SMEs
Absa bank and Old Mutual Kenya have launched Linda Biz, a joint insurance product targeted at small and medium-sized enterprises (SMEs). This product will offer...