Stanchart Kenya Loses Multibillion Pension Case
The Supreme Court has dismissed Standard Chartered Bank Kenya’s appeal in a pension dispute with 629 former employees, leaving intact a ruling by the Retirement Benefits Appeals Tribunal (RBAT). For [...]
Afreximbank's Half-Year Profit Rises to US$ 413 Mn on Liquidity Gains
The African Export-Import Bank (Afreximbank) has reported a slight increase in earnings for the half year ended June 2025, with internally generated net profit rising slightly to US$ 412.7 million, from [...]
Bankers Endorse Central Bank’s New Loan Pricing Model
Kenya’s bankers have agreed to implement the Central Bank of Kenya’s revised risk-based credit pricing model, a reform that will overhaul how loans are benchmarked and priced in the market. [...]Mamo Mihretu Resigns as Ethiopia's Central Bank Boss After Reform-Heavy Tenure
Mamo Mihretu has stepped down as Governor of the National Bank of Ethiopia (NBE), ending a 32-month tenure that redefined the country’s monetary policy and financial regulation. On leaving the [...]Sidi Ould Tah Succeeds Dr. Adesina as President of the African Development Bank
Dr. Sidi Ould Tah has been sworn in as the ninth President of the African Development Bank Group (AfDB), succeeding Dr Akinwumi A. Adesina who has completed his two terms. [...]
HF Group Regains Tier 2 Bank Status After 5 Years
HF Group’s return to Tier 2 status in 2025 is the result of more than a decade of restructuring and recapitalization which has seen the listed lender post KSh 624 [...]NCBA's LOOP to Embed Asset Financing, Insurance
Global insurtech firm, Bolttech, is extending its African footprint by entering the Kenyan market through a partnership with LOOP, the digital banking service of NCBA Bank. “This partnership enables us [...]BK Group H1 Profits Flat at KSh 4.7Bn, up 8.6% in Rwandan Franc terms
BK Group Plc has reported its H1 2025 results showing growth in Rwandan francs, though translation into Kenyan shillings reduced the reported pace of expansion. In KSh terms, however, operating [...]NCBA Half-Year Profit Up 12.6% to KSh 11.1Bn on Strong Interest Income
NCBA Group PLC has reported a 12.6% increase in half-year 2025 profit after tax to KSh 11.1 billion, up from KSh 9.8 billion a year earlier, with the performance driven [...]Japan Credit Rating Agency Affirms Afreximbank's A-/Stable Rating
Japan Credit Rating Agency, Ltd. (JCR) has affirmed the African Export-Import Bank’s (Afreximbank) A- issuer credit rating with a stable outlook. “JCR’s rating underscores our strong fundamentals and prudent risk [...]M Oriental Bank's H1 Profit Rises 19%, Calls EGM to Issue 50M Shares
M Oriental Bank has reported improved half-year results for the period ended 30 June 2025, with profitability improving but asset quality and capital ratios showing pressure. Net interest income increased [...]Inside CBK's New Bank Loan Pricing Model, Set to Start in September
The Central Bank of Kenya has unveiled a revised Risk-Based Credit Pricing Model (RBCPM) that will anchor bank loan rates to the Kenya Shilling Overnight Interbank Average (KESONIA) beginning September [...]
