NCBA Q1 2025: Profits Up, Deposits Dip While Margins Improve
NCBA Group has reported a net profit of KSh 5.5 billion in Q1 2025, up 3% year-on-year, driven by an 8% increase in operating income and improved net interest margin [...]
BK Group Delivers KSh 2.7bn Profit in Q1 2025
BK Group Plc has posted a Q1 2025 net profit of RWF 25.2 billion (KSh 2.7 billion), marking a 5.4% rise year-on-year. The cost-to-income ratio improved to 33.9%, down from [...]Ethiopia Eases Forex Rules to Boost Market Access, Flexibility
Addis Ababa, May 20, 2025 – The National Bank of Ethiopia (NBE) has introduced new foreign exchange reforms to improve access and transparency for importers, travelers, and the banking public. [...]StanChart Kenya Q1 Profit Drops 13.5% on Weaker FX and Revenue Pressures
Listed lender Standard Chartered Bank Kenya has posted a 13.5% decline in net profit to KSh 4.86 billion in Q1 2025, marking its first earnings contraction in recent years. Net [...]Family Bank Eyes 2026 Listing as Quarterly Profits Cross KSh 1Bn Mark
Family Bank Group has reported a 15.4% year-on-year increase in net profit for the first quarter ended 31 March 2025, rising to KSh 1.05 billion—marking the first time the lender [...]Sidian Bank's Q1 Profits Jump by 250%
Sidian Bank has posted a net profit of KSh 556.9 million, up 250% year-on-year from KSh 159.1 million in Q1 2024, on the back of revenue growth. The remarkable growth [...]Beyond Banking: How SBM Bancassurance Intermediary Ensures Financial Security with Seamless, Tailored Insurance Solutions
Imagine waking up to a reality that feels like a bad dream. Your car, that you parked safely outside your house the previous night has been stolen. Panic sets in [...]
Kenya's Microfinance Banks Cut Back on Innovation
Microfinance banks (MFBs) are leading in the overall reduction of dedicated innovation teams among banking institutions, a new survey by the Central Bank of Kenya (CBK) shows. MFBs have cut [...]
Kenyan Banks Lead East Africa in Sustainable Banking- WWF Report
Kenyan banks scored an average of 43.7% in the WWF’s inaugural 2024 Sustainable Banking Assessment (SUSBA), second only to South Africa’s 50.1% among 25 banks surveyed across eight African countries. [...]Stanbic Bank Kenya Posts 16.6% Dip in Profits in Q1
Stanbic Bank Kenya, which once again maintained its tradition as the first bank to release earnings, reported a 16.6% drop in net profit for Q1 2025 to KSh 3.33 billion, [...]Credit to Manufacturing Sector Drops to KSh 563Bn
In 2024, total approved credit to the manufacturing sector dropped to KSh 563.0 billion, according to the latest Economic Survey by the Kenya National Bureau of Statistics (KNBS). Manufacturing now accounts [...]The Rise of Conversational AI in Kenya’s Banks
In Kenya's banking sector, conversational artificial intelligence (AI) is emerging as a transformative force, reshaping customer interactions and service delivery. Leading financial institutions such as Absa Bank Kenya, Equity Bank, [...]
