Corporate
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Family Bank Profit up 24.3% to Ksh.1.3 Billion in Q1 2024
Family Bank Group has posted a Ksh.1.3 billion Profit Before Tax for the period ended March 31, 2024, representing a…
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NBK Asset Base Up 4% as Profit Soars to Record Ksh.535 Million
The National Bank of Kenya (NBK) saw its asset base grow by 4% to Ksh.157 billion following the news of…
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United Bank of Africa Allocates Ksh.37.5 Billion to Boost Kenyan SMEs
United Bank of Africa (UBA) has committed Ksh.37.5 billion ($285 million) to its Kenyan subsidiary, UBA Bank Kenya, to support…
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From Media to Banking, Achievements of Dr. Kiboro as He Exits as Family Bank Chair
Dr. Wilfred Kiboro is stepping down as the chairman of Family Bank after having been appointed to the position in…
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Arch. Gitau Mungai Replaces Dr. Kiboro as Family Bank Chairman
Family Bank Board of Directors has appointed Architect Francis Gitau Mungai as the new Chairman of the Board of Directors.…
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NCBA Group After Tax Profit Up 4.4% in Q1 2024
NCBA Group posted 4.4% growth in after-tax profit to Ksh.5.3 billion for the full year ended March 31, 2024. The…
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KCB Bank Pretrax Profit Up 53% in Q1 2024
KCB Group’s higher interest income helped its profit before tax jump to 53% in the first quarter of 2024. The…
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KCB, Proparco Sign $95 Million Deal for Climate Investments in Kenya
KCB Bank Kenya has secured a $95 million loan from Proparco for climate investment projects in Kenya. Proparco is a…
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CIC Pretax Proft Up 209% to Ksh.2.5 Billion
CIC Insurance Group Plc has reported a Profit Before Tax of Kssh.2.5 billion for the year ended December 2023 from…
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Old Mutual in Nyeri to Help Flood Victims
Old Mutual Group and its subsidiary, Faulu Microfinance Bank are in Nyeri to help more than 500 families that have…
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