KCB Unveils KSh300 Billion Sustainability Bond Framework Ahead of First Tranche
KCB Group has unveiled a Sustainability Bond Framework that will guide the planned raising of up to KSh300 billion through a five-year Medium Term Note...
Absa Bank Kenya, Simba Corp Sign MOU to Expand Vehicle and Equipment Financing
Absa Bank Kenya has signed a memorandum of understanding (MOU) with Simba Corporation Limited to expand financing for vehicles and equipment used by individuals, businesses...
Nakumatt Properties Face Auction as Standard Chartered Pursues Over $7.33 Million Debt
Standard Chartered Bank Kenya has moved to recover about $7.33 million and KSh967.2 million owed through credit facilities linked to Nakumatt Investments and Creative Enterprises,...
Kenyan Farmers to Get Up to 80% Financing for Kubota Tractors Under Co-op Bank Deal
Co-operative Bank of Kenya and Car & General have partnered to make agricultural mechanisation more accessible to Kenyan farmers through flexible financing for Kubota tractors...
Kingdom Bank Kenya Profit After Tax Hits KSh574.5 Million as Lending Grows 54.4%
Kingdom Bank Kenya recorded an 80.1% increase in profit before tax to KSh820.6 million in the first half of 2026, supported by growth in net...
Absa Bank Kenya H1 2026 Profit Falls 10.8% to KSh10.5 Billion as Dividend Rises 150%
Absa Bank Kenya recorded a 10.8% decline in profit after tax to KSh10.5 billion for the six months ended June 2026, from KSh11.7 billion in...
Stanbic Uganda Raises Interim Dividend 57.1% as H1 Profit Reaches UGX356.8 Billion
Stanbic Uganda Holdings Limited (SUHL) recorded a 28.2% increase in profit after tax to UGX356.8 billion in the first half of 2026, supported by a...
Absa Group to Sell 63.32% Stakes in First Assurance and Absa Life Kenya
Absa Group has agreed to sell its entire 63.32 percent stake in First Assurance Company Limited and Absa Life Assurance Kenya Limited to First Assurance...
Safaricom Appoints Mariam Cassim and Matimba Mbungela as Non-Executive Directors
Safaricom PLC has appointed Mariam Cassim and Matimba Mbungela as Non-Executive Directors, with the appointments taking effect from August 13, 2026, subject to regulatory approvals....
Who Is Samir Yassine, Bank of Africa Tanzania’s New CEO?
Bank of Africa Tanzania has appointed Samir Yassine as Chief Executive Officer of Bank of Africa Tanzania Limited, bringing more than 26 years of banking...