Tag: Kenya Bankers Association

The study offers an opportunity for the tax contribution of the Kenya banking sector to be quantified and analyzed so ...

The software has been developed and will be moderated by Deaf eLimu Plus Ltd, with funding from KBA and FSD ...

A report by the Kenya Bankers Association (KBA) showed that commercial banks contributed 27 % of all corporate taxes paid ...

Standard Chartered Bank Kenya has appointed technology and innovation expert Nivedita Sharma and banking professional Birju Sanghrajka, to replace Engineer ...

Diamond Trust Bank (DTK) has announced the appointment of Mr Jeremy Ngunze as the non-executive Director of the Bank with ...

A survey conducted by the KBA Centre for Research on Financial Markets and Policy in collaboration with the Japan International ...

Standard Chartered Bank Kenya has reported a 19% growth in net profit in the first three months to March 31 ...

I&M Holdings has completed 90% ownership in Orient Bank, a licensed and well-established bank in Uganda. I&M Holdings PLC and ...

Family bank has posted an 18% rise in the profit after tax to Kes 1.2 billion during the financial year ...

Diamond Trust Bank’s (DTB) net profit for the year that ended on 31st December 2020 dipped by 51% to Kes3.5 ...

Standard Chartered Bank Kenya has posted a 34% decline in its full-year net profit for the year that ended on ...

Absa Bank Kenya PLC posted a normalised profit after tax for the period ended December 2020 of Kes 6.5 billion ...

The Central Bank of Kenya (CBK) on Tuesday announced the extension of the loan repayment measures put in place for ...

KCB Group, the country’s largest and most profitable lender, has secured a US$ 150 Million credit facility to enable it ...

Stanbic Holdings Plc net profit for the year that ended on December 31, 2020, dropped by 19% to Kes 5.2 ...

I&M will be joining the likes of DTB, Equity and KCB Group which have presence in the country.

The dim performance is attributed to an increase in loan loss provisions which surged by 76% in what the lender ...

Under the Inuka SME Program, over 4,000 MSMEs have interacted with the training. The partnership will provide a hybrid targeted approach to ...

The profit dip has however trimmed the bank’s earnings per share to Kes.11.13 from Kes.16.15 last year.

Cooperative Bank booked a 905 increase in loan loss provision from Kes. 2.1 billion in 2019 to Kes. 4 billion.

ABSA has painted a level of  uncertainty in its outlook relating to the COVID-19 pandemic where it has highlighted that it ...

Equity’s asset base has expanded to Kes.933.9 billion with loans and advances to customers climbing by 30 per cent to ...

The Board of Directors of HF Group Plc has appointed  Mr. Adan Daud Mohamed as a Non-Executive Director of its ...

CBK collaborated with commercial banks through the Kenya Bankers Association to establish the currency center.

However, according to CBK, the amount of loans acquired during this period has  increased steadily  with banks having restructured loans ...

The value of transaction has been tipped to rise on account of COVID-19 pandemic.

Huawei Kenya Chief Executive Officer Will Meng expects the partnership to further boost conviniency in delivery of financial services following ...

Absa says it has restructured Kes.57 billion worth of customer loans representing 28 percent of its advances to customers as ...

“We are pleased to be joining the Kenya Bankers Association, an organization that has championed industry development since 1962,” said ...

The total operating income grew by 17.6 per cent to Sh 4.2 billion during this period compared to Sh 3.6 ...

KCB's earning per share (EPS) has also dropped to Kes.4.72 in the period from Kes.8.30 last year, pushing the lender ...

The Central Bank of Kenya in June revealed that the ratio of non-performing loans stood at 13.1 percent, the highest ...

This follows a unanimous approval of the transaction by shareholders of Jamii Bora Bank during the extra ordinary general meeting ...

KDIC says the new limit will cover 99 per cent of depositors with funds in banks and deposit-taking microfinance institutions. 

CBK said it saw a significant increase in the use of mobile money channels by individuals in both value and ...

The Bank projects that it will wither the tough operating environment characterized by the COVID-19 pandemic to grow its earnings ...

Total non-interest income grew to Kes4.9 billion from Kes4.1 billion while total operating income grew to Kes12.5 billion from Kes11.1 ...

The Bank's Chief Executive said it was too early to assess the impact of the coronavirus epidemic on its business. ...