• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Thursday, June 30, 2022
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Lifestyle
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Calendar
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Lifestyle
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Calendar
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Branch International Gets Nod to Acquire 84.89% Stake in Century Microfinance Bank

Jackson OkothbyJackson Okoth
May 12, 2021
in Banking, Global News, Kenyan News
Reading Time: 1 min read

The Competition Authority has approved the proposed acquisition of a 84.89% stake in Century Microfinance Bank by Branch International Limited.

Branch International, a Silicon Valley-based start-up, offers loans to first-time borrowers and customers without bank accounts in Africa, India and Mexico.

In a Gazette Notice, the Competition Authority said both Branch International-a mobile loan app and Century Microfinance would retain the loan contracts made with clients at the time of this transaction.

ADVERTISEMENT

Each firm is also required to retain its existing performing and non-performing loans until the expiry of such loans.

Century Microfinance Bank specialises in providing financial services to micro, small and medium businesses.

It was licenced by the Central Bank of Kenya as a deposit-taking microfinance institution on 19th September 2012 and had more than 26,000 clients.

ALSO READ: Microfinance Bank seeks Sh1 Billion Funding


Hisa App Hisa App Hisa App
Previous Post

Sasini Books KSh122 Million Profit in Six Months

Next Post

Kenya Suspends Flights to and from Somalia for 3 Months

Related Posts

Jambojet Fetches KSh11 Million from Cargo Operations in Goma

Jambojet Fetches KSh11 Million from Cargo Operations in Goma

June 30, 2022
World Bank Extends KSh390 Million Facility for Solar Projects in Kenya

World Bank Extends KSh390 Million Facility for Solar Projects in Kenya

June 30, 2022

KEBS Grants Permission to Six Firms For Imports Pre-Verification

June 30, 2022

Egypt Emerges as the Major Supplier of Oil to Saudi Arabia

June 30, 2022

Thailand Set to Rise Interest Rate to Curb Inflation – World Bank

June 30, 2022

HFC Inks Deal With Britam To Launch Education Insurance Programme.

June 30, 2022

Kenya To Implement AfCFTA Strategy To Boost Country’s Trade

June 30, 2022

How Absa Bank Supports SMEs Beyond Lending

June 29, 2022
Load More
Next Post
Kenya Suspends Flights to and from Somalia for 3 Months

Kenya Suspends Flights to and from Somalia for 3 Months

ADVERTISEMENT

Follow Us

  • 139.1k Followers
  • 2.4k Subscribers
  • 1.1k Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

Jun
30
Thu
all-day Diamond Trust Bank Kenya Book Cl...
Diamond Trust Bank Kenya Book Cl...
Jun 30 all-day
 
all-day Equity Group Payment of Final Di...
Equity Group Payment of Final Di...
Jun 30 all-day
 
all-day Kakuzi Plc Dividend Payment
Kakuzi Plc Dividend Payment
Jun 30 all-day
 
Jul
1
Fri
all-day BK Group Dividend Payment
BK Group Dividend Payment
Jul 1 all-day
 
Jul
11
Mon
all-day British American Tobacco Uganda ...
British American Tobacco Uganda ...
Jul 11 all-day
Payment of recommended dividend of Ushs 209.00
Jul
15
Fri
all-day Nairobi Securities Exchange Divi...
Nairobi Securities Exchange Divi...
Jul 15 all-day
 
View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

No Content Available

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2021. Hisa Technologies. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2021. Hisa Technologies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In