Kingdom Bank Launches Kitale Branch
Kingdom Bank has opened its newest branch in Kitale, Trans Nzoia County, marking a significant milestone in its branch expansion strategy. This move reinforces the bank’s commitment to financial inclusion and empowering Micro, Small, and Medium Enterprises (MSMEs) across Kenya. SMEs constitute 98 per cent of businesses in the country and have an annual job […]
KCB CEO Paul Russo Wins Africa Business Leader of the Year
Paul Russo, the CEO of KCB Group, has been recognized as the African Business Leader of the Year by Africa Leadership Magazine. This prestigious award celebrates his transformative vision and the significant contributions he’s made to the African banking sector. Russo emerged victorious after a rigorous competition that evaluated leaders across Africa, where his leadership […]
How to Apply for the KCB Bank Salary Advance Loan
As a salaried employee in Kenya, unexpected expenses can disrupt your financial plans. Thankfully, KCB Bank Salary Advance offers a quick, hassle-free way to access funds for urgent needs. This guide will help you understand how to apply for the KCB Salary Advance Loan, its benefits, eligibility requirements, and more. What Is the KCB Bank […]
Sidian Bank Shines at The Think Business Bank Awards 2024
Sidian Bank established itself as a leader at the prestigious Think Business Bank Awards 2024, securing two coveted recognitions – 1st Runner Up for Best Bank in Trade Finance and 1st Runner Up for The Bank with Lowest Tariff. The 1st Runner Up position for Best Bank in Trade Finance highlights the bank’s commitment to […]
Dr. Kamau Thugge Wins African Banker Central Bank Governor of the Year award
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 by the African Banker Magazine. This recognition highlights his exceptional leadership and the unwavering stability he has brought to the Kenyan economy amidst global challenges. The award citation specifically commends […]
What You Need To Know About the Proposed Finance Bill 2024
Kenyans are experiencing a growing sense of unease as they confront the potential impacts of the newly proposed finance bill 2024. This proposed legislation, unveiled on May 9th to the National Assembly, has ignited a firestorm of debate and concern across the nation. The finance bill 2024 aims at raising Ksh 323 billion for the […]
NMB Bank Tanzania Recognized for Building a Culture of Internal Audit
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 Tanzania (IIA Tanzania). This recognition comes at the culmination of Internal Audit Awareness Month, highlighting NMB Bank’s unwavering commitment to robust corporate governance and fostering a culture of professionalism. The […]
Equity Bank Recognized At The 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. This recognition highlights Equity Bank’s dedication to providing top-tier trade finance solutions that enhance accessibility to financial services and ultimately drive sustainable economic growth across the continent. The Bank also […]
I&M Group Q1 2024 Profits Climb to Ksh 3.6 Billion
I&M Group profits rose by an impressive 35.44%, reaching Ksh 3.60 billion in Q1 2024 compared to Ksh 2.66 billion in Q1 2023. This strong performance continues a positive trend that began in 2020, where the bank made a profit of Ksh 1.66 billion, growing to Ksh 1.89 billion in 2021. The momentum continued in […]
KCB Ups 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 the adjusted rate applied starting May 27th, 2024 for new loan facilities, and July 1st, 2024 for existing facilities. “We wish to advise you that the bank has reviewed its […]