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 [...]National Bank Retirees Edge Closer to Payout as Access Bank Seals Buyout
The High Court has handed a partial victory to more than 130 former National Bank of Kenya employees who have spent over a decade in legal battles to secure what they [...]
HF Group's Profit Up 134% in H1 2025, Bank Unit Upgraded to Tier II
Listed financial solutions provider HF Group PLC has posted KSh 624.3 million in profit after tax for the first half of 2025, more than double the KSh 266.3 million it [...]Kenyan Banks’ Regional Subsidiaries Have Cut Branches but Grown Profits
Kenyan banks trimmed their regional branch networks in 2024 but still delivered stronger earnings from subsidiaries, with the Democratic Republic of Congo (DRC) consolidating its role as the region's growth [...]Prime Bank Posts 22% Profit Growth in H1, Ranks 10th by Market Share
Prime Bank Group, Kenya’s biggest Tier II bank and tenth largest overall by market share, has posted a 22.4% rise in net profits o KSh 2.68 billion, driven by higher [...]Ruto Backs African Credit Rating Agency at TICAD 9
President William Ruto has reiterated his support for the African Credit Rating Agency (AfCRA) to correct what he described as structural inequities in the global financial system that unfairly penalise [...]Kenya Mortgage Refinance Company's H1 Profits Slip by 2.7%, Loans Drive Asset Growth
Kenya Mortgage Refinance Company (KMRC) profit after tax fell 2.7% to KSh 544.3 million in the first half of 2025, down from KSh 559.4 million for the same period in [...]Joshua Oigara to Lead Stanbic’s East Africa Operations as Regional CEO
Standard Bank Group has appointed Stanbic Kenya CEO Dr. Joshua Oigara as Regional Chief Executive (RCE) for East Africa. At KCB, Dr. Oigara led major digital initiatives and regional expansion [...]Family Bank's Half-Year 2025 Profits Up 38.8% on Strong Interest Income
Mid-tier lender Family Bank Limited has posted a 38.8% rise in net profits to KShs 2.28 billion for the first half of 2025, up from KShs 1.65 billion in the [...]Sidian Bank H1 Profit Surges 92% to KSh 1Billion
Sidian Bank posted a strong performance in the six months to June 30, 2025, nearly doubling its profit after tax to KSh 1.01 billion, up from KSh 523 million in [...]
