Finance
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Where lenders source a borrower’s information before loan approval from CRBs
The CRB Regulations, 2020 gazetted by the Cabinet Secretary to the National Treasury on April 8, 2020, introduced major reforms…
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Absa Bank Q3 profit up 30% to Ksh.10.7 billion
Absa Bank’s net profit surged to Ksh.10.7 billion in nine months to September 2022. This is a 30 percent growth…
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DTB Q3 profit up 20% to Ksh.5.8 billion
Diamond Trust Bank’s (DTB) net profit surged by 20.8 percent to Ksh.5.8 billion in nine months to September 2022. The…
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How risk-based credit pricing model affects borrowers and banks
The excitement around financial inclusion in Kenya is not without merit owing to innovative aspects of Fintechs and banks. This…
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NCBA bank boasts as leader in digital loans currently at Ksh.521 billion
NCBA’s loan portfolio on its digital platform shoot to Ksh.521 billion in nine months to September 2022. This makes the…
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NCBA Q3 profit up 97% to Ksh.12.8 billion
NCBA net profit in nine months to September surged by 97 percent to Ksh.12.8 billion from Ksh.6.5 billion profit posted…
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Family Bank’s pre-tax profit up 33% to Ksh.3.5 billion in Q3
Family Bank Group has recorded a Ksh.3.5 billion Profit Before Tax for the first nine months of 2022 up from…
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Benefits of CIS mechanism to a Kenyan borrower in credit market
The linkage between access to credit and economic development of a country has been made more proficient with the Credit…
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Co-op Bank profit up 47% to Ksh.17.1 billion in Q3 results
The Co-operative Bank of Kenya profit surged by 47 percent to Ksh.17.1 billion from Ksh.11.6 billion posted same period last…
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National Bank net profit down 24% to Ksh.886 million in Q3
National Bank of Kenya (NBK) recorded Ksh.886 million net profit for the year ending September 30, 2022. This is a…
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