Corporate
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EFG 2022 Q1 profit up 18% to Ksh.2.1 billion
An investment bank franchise in Frontier Emerging Markets (FEM), EFG Hermes Holding, has recorded an 18 percent net profit of…
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Absa Bank Kenya 2022 Q1 profit up 22% profit to Ksh.3 billion
Absa Bank Kenya posted a 22 percent jump in its 2022 quarter one net profit to Ksh.3 billion from Ksh.2.4…
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National Bank Q1 revenue grew by 72% to Ksh.395 million
National Bank of Kenya (NBK) has recorded a profit after tax of Ksh.395 million for the quarter ending March 31,…
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Safaricom appoints Karen Basiye Director of Sustainable Business, Social Impact
Safaricom has appointed Karen Basiye as the Director of Sustainable Business, Social Impact Impact and M-Pesa Foundation. In her new…
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I&M bank Q 1 profit up 44.4% to Ksh.2.6 billion
I&M bank posted a 44.4 percent jump in its 2022 quarter one net profit of Ksh.2.6 billion from Ksh.1.8 billion.…
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Paul Russo to replace Joshua Oigara as KCB boss
Joshua Oigara’s term at the Kenya Commercial Bank (KCB) has come to an end following a ten-year reign at one…
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Kingdom Bank’s Q1 profit up 58.1% to Ksh.209.8 million
Kingdom Bank’s quarter one profit in 2022 surged by 58.1 percent to Ksh.209.8 million from Ksh.132.7 million posted a similar…
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DTB Q1 profit up 15.8% to Ksh.2.2 billion
Diamond Trust Bank’s (DTB) quarter one profit surged by 15.8 percent to Ksh.2.2 billion from Ksh.1.9 billion in a similar…
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Naivas opens 84th branch in Kayole, Naivasha
Naivas Supermarket has opened a third branch in Naivasha, bringing its total outlets in the region to three. The new…
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Family Bank, Urithi Housing agree to settle property auctioning dispute out-of-court
Urithi Housing Cooperative Society has reached an out-of-court settlement with Family bank following a dispute based on money owned by…
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