Afreximbank Raises US$ 527mn in Second Samurai Bond Transactions
Afreximbank has closed its second Samurai bond transaction, securing a total of JPY 81.8 billion (approx. USD 527 million) through Regular and Retail Samurai Bonds
Access Bank Kenya Q3 Loss Widens as Core Capital Deficit Grows
Access Bank Kenya reported a deeper third-quarter loss as its capital position weakened further. The lender posted a 783.3M loss, widening from 486.1M last year, after operating income slipped and costs rose to 1.349B. Net interest income grew 47% to 359M but was outweighed by a sharp drop in non-interest revenue. Equity fell 98% to 26.4M as accumulated losses climbed to 3.84B, pushing core capital to a 765M deficit against the 3B CBK requirement due by December 2025. The update comes as the bank awaits integration with National Bank of Kenya following its parent’s acquisition earlier in the year.
Africa Finance Corporation Secures US$ 75Mn Credit Line from the Arab Bank for Economic Development in Africa
Africa Finance Corporation (AFC) has secured a US$75 million term loan facility from the Arab Bank for Economic Development in Africa (BADEA)High Court Clears KRA to Collect KSh 384.5M Stamp Duty As NCBA Merger Appeal Proceeds
The High Court has dismissed NCBA Group’s application to suspend enforcement of the April ruling that invalidated the 2019 stamp duty waiver applied to the NIC–CBA merger. Justice E.C. Mwita held that a declaration of unconstitutionality takes effect immediately under Article 2(4) and cannot be paused by the trial court. The judge rejected NCBA’s claim that paying KSh 384.5M now would cause irreparable loss, saying KRA is capable of refunding the money if the bank succeeds at the Court of Appeal. The decision allows KRA to pursue the stamp duty while NCBA’s appeal proceeds, marking another win for petitioner Okiya Omtatah.StanChart Q3 Profit Dips 38% After Booking KSh 2.7Bn Pension Charge
StanChart reported a sharp slowdown in Q3 after profit fell 38% to 9.79Bn, hit by weaker income and a one-off 2.7Bn pension charge linked to the Supreme Court and RBAT rulings. Operating income dropped 17% to 32.43Bn as net interest income fell 10% and non interest income slid 29% on lower volumes and thinner margins. Costs rose 19% to 19.23Bn, driven by the pension expense, while loan impairment fell 11% to 1.74Bn. Net loans eased 3% to 146.4Bn and deposits slipped 4% to 283.4Bn. The lender said it has substantively met the RBAT requirements, with 1.9Bn already paid to affected former employees.Family Bank Posts KSh 3.597 Bn Q3 Profit Ahead of Planned NSE Listing
Family Bank has reported a profit after tax of KSh 3.597 billion for the nine-month period ended 30 September 2025, an increase of 55.7%I&M Bank Group's Q3 2025 Profit Up 29% on Revenue Growth
I&M Bank Group's primary achievement in Q3 2025 was a significant surge in profitability. Profit After Tax (PAT) grew by 28.68% year-over-year, reaching KSh 11.80 billion.
Paramount Bank's Core Capital Rises Above CBK Rule Amid Zenith Acquisition Rumours
Paramount Bank reported flat Q3 profit after higher credit impairment charges offset strong growth in non-funded income. Operating income rose but core business weakened, with net interest income down 5%. The bank strengthened its capital position, lifting core capital to 3.12 billion and surpassing the CBK’s 3 billion requirement ahead of the December 2025 deadline. The update came as Zenith Bank denied reports linking it to a potential takeover of the Kenyan lender.Sidian Bank's Q3 Profit Soars 470% to KSh 1.47 Billion on Revenue Boom
Sidian Bank’s nine-month profit after tax rose to 1.47 billion after operating income increased 92.8 percent to 5.63 billion. Non-interest income expanded and the bank raised its investment in government securities to 40.06 billion while the loan book remained flat at 25.10 billion. Deposits grew to 77.96 billion and assets reached 95.06 billion. Costs and provisions increased and gross NPLs rose to 8.42 billion.Kenya's Banks Contributed KSh 194.81Bn in Taxes in 2024
The Kenya Banking Sector contributed a total of KES194.81 billion to the National Treasury in the year ended 31 December 2024
The Global Power of Sport: Bank of America Partners with Great Ethiopian Run to Expand Access to Endurance Sports
Beginning in 2026, partnership will elevate flagship race’s global profile and significantly expand access to running opportunities for children
Absa, StanChart Uganda Retail Deal Enters COMESA Probe Stage
The regional competition watchdog has opened a formal inquiry into Absa Bank Uganda’s planned acquisition of Standard Chartered Bank Uganda’s wealth and retail banking business,
