The Trading Room

The lender’s total operating income grew by 59 per cent to Ksh.33.7 billion from Ksh.21.2 billion posted in the previous year. The bank also realised a Ksh.4.1 billion windfall from a bargain purchase resulting from...

At the moment, it's a game of bazookas, tanks and all arsenal Central Bankers can pull against a new enemy, the Corona Virus, which has caused economies to stall everywhere it's stops.

One Equity contract worth Kes.32, 000 expiring in 18th June 2020 concluded at a price of Kes.32.75. This is against an end of day price of Kes.32.55 posted in the spot market.

The bear run may last but a bull will emerge at the long run. Rather buy the dip than buy the climb.

The Bank costs were well managed at Kshs17.3 billion reflecting a 1% increase year on year largely because of spend discipline and cost saves initiatives. The cost saves initiatives included automation of the processing centres,...