Family Bank Q1 2024 Profits Rise By 25% to Sh910.5 million
Family Bank defied a difficult economic start to 2024, with net profits surging by 24.3% year-on-year to reach Sh910.5 million in Q1 2024. This marks...
Dr. Kamau Thugge Named African Banker Central Bank Governor of the Year
Dr. Kamau Thugge, the Governor of the Central Bank of Kenya (CBK), has received the prestigious African Banker Central Bank Governor of the Year award...
NMB Bank Tanzania Applauded for Innovation in Financial Technology
NMB Bank Tanzania has emerged as a champion for excellence within the internal audit profession, receiving two prestigious awards from The Institute of Internal Auditors...
Equity Bank Dominates Think Business Banking Awards
Equity Bank emerged as a shining star at the 20th Edition of the Think Business Banking Awards, securing the Best Bank in Trade Finance award....
Standard Chartered Kenya Q1 2024 Profits Jump To Ksh 5.6 Billion
Standard Chartered Bank Kenya has reported a KES 5.6 billion profit in Q1 2024, surging by 39.5% year-on-year from KES 4 billion recorded in Q1...
KCB Bank Raises Base Lending Rate to 15.6%
KCB Bank Kenya has increased its base lending rate for loans denominated in Kenyan Shillings from 14.7% to 15.6% per annum. KCB borrowers will see...
DTB Uganda Says Goodbye to MD Varghese Thambi
Diamond Trust Bank Uganda has bid farewell to Varghese Thambi, its former Managing Director, concluding his 17-year tenure with the institution. In the farewell event...
Equity Group, WFP, and UNHCR Join Forces to Empower Refugees
Equity Group has joined forces with the World Food Programme (WFP) and the United Nations High Commission for Refugees (UNHCR), to champion sustainable development in...
KCB Q1 2024 Loan Portfolio Reaches Sh 1 Trillion Mark
KCB Q1 2024 loan portfolio grew 9.54%, with customer loans hitting Sh 1.02 trillion from the 928.82 billion recorded in Q1 2023. KCB’s loan portfolio...
Everything You Need to Know About The Equity Bank Salary Advance Loan
To support customers experiencing unforeseen financial difficulties, banks such as Equity Bank are now providing Salary Advances. These advances serve as lifelines for salaried individuals...