Inside Absa’s KSh 47Bn Green Finance Push
Absa Bank Kenya is accelerating its shift from sustainability compliance to a core business strategy, backed by measurable targets and sector-specific investments. Its 2024 Sustainability and Climate Report reveals that [...]
Co-op Bank H1 Profit Grows 8.4%, Non-Interest Revenue Dip
Listed lender Co-operative Bank of Kenya PLC has posted an 8.39% increase in profit after tax to KShs 14.08 billion for the six months ended 30 June 2025, up from [...]
South African Banking Giant FirstRand Group Mulls Kenya Entry
South African lender FirstRand Group, the biggest bank in Africa by market value, sees Kenya's ongoing increase in minimum capital requirements as an opportunity to enter the market. “We’d like [...]
Proctor Allan Loses Bid to Block KCB Takeover
The High Court has thrown out a case by breakfast cereals processor, Proctor Allan (EA) Ltd, that sought to halt KCB Bank’s takeover of the company through receivership, ruling [...]KCB Declares Special Dividend as H1 Profit Rises 8% to KSh 32Bn
KCB Group has posted a KSh 32.33 billion profit after tax for the first half of 2025, an 8.05% jump from the same period last year, supported by a stronger [...]
CBK Cuts Policy Rate to 9.50%, 7th Straight Cut and Lowest Since May 2023
The Central Bank of Kenya's Monetary Policy Committee (MPC) has lowered the Central Bank Rate (CBR) by 25 basis points to 9.50%, the seventh consecutive cut since November 2024 and [...]Wealthy Investors Eye ‘Transition’ Funding Despite Risk Concerns
The Standard Chartered’s latest Sustainable Banking Report shows strong interest among affluent investors in “transition investing,” a strategy aimed at financing the shift to a low-carbon economy. “We continue to [...]Absa Declares Interim Dividend as H1 Profits Rise to KShs 11.7 Bn
Absa Bank Kenya has reported a 9.05% year-on-year rise in profit after tax to KShs 11.68 billion in the first half of 2025. Net interest income fell by 1.76% due [...]Consolidated Bank Posts KShs 7.6 Million Profit Amid Capital Deficit
Consolidated Bank of Kenya Limited posted a profit after tax of KShs 7.6 million for the six months ended June 2025, reversing a KShs 84.5 million loss in the same [...]Consolidated Bank Posts KShs 7.6 Million Profit Amid Capital Deficit
Consolidated Bank of Kenya Limited posted a profit after tax of KShs 7.6 million for the six months ended June 2025, reversing a KShs 84.5 million loss in the same period last year.Equity Group's H1 Profit Rises 17% on Strong Subsidiary Margins
Equity Group Holdings has reported an 11.8% jump in profit before tax to KSh 41.54 billion, while profit after tax advanced 16.9% to KSh 34.63 billion. Earnings per share improved [...]Premier Bank Rolls Out Smart Payments Platform to Strengthen Regional Reach
