KCB Group to Seek Another Buyout Deal in Tanzania
KCB Group is still pursuing another buyout deal in Tanzania even after it stepped away from the proposed transaction with UK-based Atlas Mara Limited for a complete acquisition of BancABC [...]
Kenyan Banks' lending Activity to Slow As August 2022 Polls Take Shape Renaissance Capital
Kenyan Banks are expected to slow down their lending activity in the first half of this year as political campaigns gets heated and the 2022 August general polls approach. According [...]DTB Partners with Canton Chamber of Commerce for Financing
Diamond Trust Bank (DTB) has partnered with Canton Chamber of Commerce in Kenya (Guangdong Association) to offer financial services for the Belt and Road Initiative investors. The deal will see [...]
GTBank Kenya Secures $15 Million Facility from IFC to support SMEs
IFC has announced it has extended a $15 million loan to Guaranty Trust Bank (Kenya) Ltd, a subsidiary of the Guaranty Trust Group, for lending to local businesses in the [...]CBK to Hold Top Policy Meeting on Jan 26th
The Central Bank of Kenya(CBK) top policy organ, the Monetary Policy Committee( MPC) is holding its first meeting on Wednesday this week. If the MPC retains the Central Bank Rate [...]CBK Accepts Bids Worth KSh 34.9 Billion from Two T-Bonds Auctions
The Central Bank of Kenya(CBK) received bids worth KSh 38.4 Billion during the Treasury Bonds Auction of January 19th 2022 and accepted KSh 34.9 Billion. Accepted amounts were made up [...]CBK Collects KSh 27.9 Billion at Weekly T-Bills Auction, 119.5% Oversubscription
The Central Bank of Kenya(CBK) received bids worth KSh 28.7 Billion out of the KSh 24 Billion offered at the Weekly Treasury Bills Auction, the second oversubscription in the year. [...]Sidian Bank Unveils KSh1.7 Billion for SME Lending
Sidian Bank and FMO, a Dutch entrepreneurial bank, have partnered to unveil a KSh1.65 billion facility for lending towards Small and Medium-sized Enterprises (SMEs). The facility under the NASIRA program, [...]Equity Bank to Receive KSh5.6 Billion for SME Lending
Equity Bank Kenya is set to receive KSh5.66 billion from the British International Investment (BII) – formerly known as CDC Group – for onward lending to Small and Medium sized Enterprises [...]CBK Seeks KSh 30 Billion in 2nd T-Bonds Auction in January
The Central Bank of Kenya(CBK) is looking to raise KSh 30.00Bn for budgetary support in the second Treasury Bonds Auction of January 2022. The Auction will see the reopening of [...]CBK Accepts KSh 31.1 Billion at Weekly T-Bills Auction, a 156.4% Oversubscription
Central Bank of Kenya(CBK) received bids worth KSh 37.5 Billion at the weekly Treasury Bills Auction out of KSh 24 Billion that it offered investors, an oversubscription of 156.36%. The [...]NSE Updates listing of South Africa's NewGold Debentures
Nairobi Securities Exchange(NSE) has adopted the same International Securities Identification Number (ISIN) initially allocated to NewGold on its listing on the Johannesburg Securities Exchange(JSE). The ISIN for Kenya has therefore [...]
