Former CS James Macharia Named Sidian Bank Chair
Former Cabinet Secretary James Macharia has been appointed Chairman of Sidian Bank, taking over from Centum Investment Chief Executive Dr. James Mworia, who has chaired the lender since 2014. Before [...]
Court Rules Auctioneers’ Board Can't Discipline Banks, Credit Firms
The High Court has ruled that the Auctioneers Licensing Board overstepped its powers when it tried to take action against banks, credit firms, and companies accused of running auctions without [...]
The West African Development Bank (BOAD) Raises € 1bn from International Markets
The West African Development Bank/ Banque Ouest Africaine de Développement (BOAD) has completed a EUR 1 billion bond issuance with a 15-year maturity. “This deal is more than a financial achievement; it is a clear recognition of BOAD’s creditworthiness and business model. [...]
Credit to Farmers Slumps Despite Lower Overall Lending Rates
Kenya’s agricultural sector is showing fresh signs of strain as access to farm credit tightens and production costs remain high, even as the broader economy grapples with global policy shifts [...]Merger Buzz Rallies NCBA to KSh 124Bn Valuation
NCBA Group Plc shares rallied to a record high after Bloomberg reported that Standard Bank Group’s Kenyan unit, Stanbic Holdings Plc, is in talks to acquire the lender. The lender’s [...]Stanbic, NCBA Discuss KSh1.1 Trillion Merger
Standard Bank Group’s Kenyan unit, Stanbic Holdings Plc, is in talks to acquire NCBA Group Plc in a transaction that would create Kenya’s third-largest lender with assets of about KSh [...]KCB Group Now Employs 12,090 People, Tightens Promotions
KCB Group PLC’s workforce grew 16% to 12,090 employees in 2024, while internal promotions fell 17% amid restructuring and stricter performance targets, the bank said in its sustainability report. Total staff rose [...]How CIB Kenya Aims to Change Lives With Cash Flow Lending
WhenAbhinav Nehra, the CEO of CIB Kenya, talks about banking, he doesn’t dwell on balance sheets or capital adequacy ratios. Instead, he paints a picture of a tea farmer in [...]Co-op Bank Backs Ruiru School Project with KShs 110 Million Financing
Co-operative Bank of Kenya has extended KShs 110 million in debt financing to Eboss Investments Company to fund the construction of Seven Oaks School, a new British-curriculum institution in the [...]Cheaper Credit Unlocks Kenya's Construction Sector Growth
Kenya’s construction industry is riding on cheaper credit and stronger developer financing, with fresh data showing a sharp rebound in building activity and surging demand in the property market. “Cement [...]NSE Launches Banking Sector Index
The Nairobi Securities Exchange (NSE) has introduced a Banking Sector Index, effective October 1, 2025. “The index underscores NSE’s commitment to innovation and the continuous development of products that meet [...]Family Bank Inches Closer to NSE Listing
Family Bank shareholders will meet virtually on October 27, 2025, for an Extraordinary General Meeting (EGM) to vote on a proposal to list the bank’s ordinary shares on the Nairobi [...]
