BANKING TRENDS

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

KCB Bank Kenya has increased its base lending rate for loans denominated in Kenyan Shillings from 14.7% to 15.6% per annum.

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

HF Group has recorded a significant increase in profit in Q1 2024, reaching Ksh 159 million, reflecting a remarkable 76% jump

Diamond Trust Bank Uganda has bid farewell to Varghese Thambi, its former Managing Director, concluding his 17-year tenure with the institution.

Equity Group has joined forces with the World Food Programme (WFP) and the United Nations High Commission for Refugees (UNHCR), to

NCBA Bank Kenya witnessed a 10.5% rise in total assets in Q1 2024, jumping from the recorded Sh 628.83 Bn in Q1

KCB Q1 2024 loan portfolio grew 9.54%, with customer loans hitting Sh 1.02 trillion from the 928.82 billion recorded in Q1

The Equity Bank Salary Advance is a financial solution tailored for salaried employees in Kenya. It provides quick access to funds

Stanbic Bank Kenya has announced a significant partnership with Orion Innovation, a leading global firm in digital transformation and product development