Bankers Re-elect Gachora as Chair of Advocacy Governing Council
NCBA Bank Group Managing Director John Gachora has been re-elected as the chair of Kenya Bankers Association (KBA) advocacy group governing council. During KBA’s 61stAnnual General Meeting, the bankers also [...]
CBK Seeks KSh 15B in June T-Bonds Tap Sale
The Central Bank of Kenya (CBK) has floated a KSh 15 billion fixed coupon Treasury Bond whose tap sale began on 20th June 2023 and ends on Friday 23rd June [...]
Kenyans with Records at CRBs Reach 25 Million in 2022
Kenyans that have their credit data visible within Credit Reference Bureaus(CRBs) rose to 25 million in 2022, made up of 19 million active records while the 6 million individuals are [...]Challenges Ahead as Kamau Thugge Takes Over At CBK
One of the first items that the new Central Bank of Kenya(CBK) Governor Dr Kamau Thugge will have to confront as he takes over his corner office, located on Haile [...]IM Bank Rwanda Gets New CEO; Benjamin Mutimura
IM Bank Rwanda has announced the appointment of Mr. Benjamin Mutimura as the new Chief Executive Officer (CEO), effective 1st July 2023. Benjamin was previously the Chief Commercial Officer (CCO) [...]Equity Bank Stamps Authority with Rwanda Acquisition
Equity Bank Holding (EGH) has proposed to acquire Rwanda’s fifth largest bank Compagnie Generale de Banque plc limited to stamp its authority in the region. In a notice, the Kenyan [...]How Early Financial Literacy Can Transform Lives
Financial literacy plays a crucial role in the lives of everyone, and starting early can help avoid many money problems faced by individuals later in life. Recognizing this need, players [...]
Equity Bank Enters Agreement to Acquire Cogebanque, Rwanda's 5th Largest Bank
Equity Group Holdings Plc has announced its proposed acquisition of 91.93% of the issued share capital of Compagnie Générale De Banque (Cogebanque) PLC Ltd for a consideration of RWF54.68 billion [...]Kenya’s Banking Industry Balance Sheet Crosses KSh 6.5 Trillion Mark
Kenya’s Banking Industry Balance Sheet size stood at KSh 6.5 trillion as of December 31st2022, corresponding to 66% of Kenya’s Gross Domestic Product(GDP) in the same period. According to a [...]Financial Sector Players in Kenya Join Forces to Promote Savings Culture
In a collaborative effort to promote financial literacy and enhance personal financial wellness, players from the financial sector in Kenya have launched a public awareness campaign called the Banking Industry [...]Neema Onsongo, Head of People Culture at Stanbic Bank Diversity, Equity, and Inclusion in the Banking Industry
The banking industry has historically been viewed as a male-dominated industry, lacking diversity and inclusion. However, there has been a growing recognition in recent years that diversity, equity, and inclusion [...]DTB Group Reports 11% Jump in Q1 Net Profit Driven by Non-Funded Income Growth
DTB Group released its first-quarter earnings report for 2023 recording a remarkable 10.8% year-on-year growth in after-tax profits, reaching KES 2.6 billion. This growth was primarily driven by a substantial [...]
