News
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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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KenGen rolls out electric vehicle project as Kenya shifts from fuel cars
Kenya Electricity Generating Company PLC (KenGen), has rolled out an elaborate plan to lead Kenya’s transition from gasoline-powered vehicles to…
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First batch of Odibets winners and influencers depart for Qatar
The lucky winners of the ‘Twende Qatar na Odibets’ promo on Thursday, November 24, departed the country for Qatar. Kenya’s…
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National Bank launches Ksh.2 billion education programme for primary, secondary schools
The National Bank of Kenya (NBK) announced a Ksh.2 billion education programme with target to up-skill Infrastructure development, leadership capacity…
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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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