SBM Bank Kenya Q3 Earnings Dip 64% to KSh 647 Million
Mauritius-based SBM Bank Kenya has recorded a drop in its net earnings for the first nine months of this year. Its net earnings for Q3 dropped by 64 per cent [...]
Standard Chartered Bank Lends KSh6.3 Billion to SMEs Over Nine Months
Standard Chartered Bank has injected Ksh 6.3 billion in both direct and indirect lending to Micro, small and medium enterprises in the last 9 months to September 2019. The bank [...]
Equity Group Hits KSh100bn in Diaspora Remittances
Equity Group had Ksh 100 billion in diaspora remittance volumes in the 9 months to September. Consequently boosting the lender's forex trading income to Ksh 2.84 billion shillings in the [...]Co-op Bank Moves 90% of Customer Transactions to Digital Channels
Through its multi-channel strategy, Co-Op Bank has successfully moved 90 percent of all customer transactions to alternative delivery channels that include mobile banking, an expanded 24-hour contact centre, 586 ATMs, [...]KCB Group Plc Tops the Banking Sector with KSh 19.2 Billion Net Profit
KCB Group Plc maintains its top position as the most profitable lender in Kenya. Its financials for the nine months ending September 30th, 2019 indicate that its net profits increased [...]Money Matters: 6 Tips to Stay Profitable When Playing at Real Money Online Casinos
With online casinos dominating the iGaming industry, the number of online casino sites has grown massively in the last several years. With more sites available, players have limitless opportunities to [...]4 Key Steps Banks Can Take Toward Successful Digital Transformation
Consumer expectations for financial institutions have begun to shift drastically in the last few years. The increasing ubiquity of on-demand digital services, such as streaming platforms and e-commerce marketplaces, has [...]Prepaid dollar cards for African residents: how to choose the right service
Africa’s financial systems are still largely tied to local currencies and regulations that haven’t caught up with the realities of the global digital economy. Meanwhile, millions of young Africans are [...]
