Banking
Get the latest news and analysis on the banking sector in East Africa. Coverage on the capital markets as they relate to Kenya, Uganda, Tanzania, Rwanda, Burundi, South Sudan and Ethiopia.
NMB: Tanzania’s most profitable bank keeps growing
NMB is also listed on the Dar es Salaam Stock Exchange (DSE) and has been tracking rather promising records. According...
KCB signs partner to accelerate credit flow to small businesses
KCB Bank Kenya and the Kenya National Chamber of Commerce and Industries (KNCCI) Mombasa Chapter have signed a partnership to...
Kenya: Banking sector’s tax contribution declines by 12.7pc on covid woes
Kenya’s banking industry contributed 27 percent of all corporate taxes paid in the country in 2020 and 2019. According to...
Most Kenyans turn to digital lending to grow small businesses: report
Most Kenyans turn to digital lending platforms first when looking for sources of credit to fund the growth of small...
![Zimbabwean banks sitting on billions in hard currency but they are wary of lending it.[Photo/Newealth]](https://theexchange.africa/wp-content/uploads/2021/08/1-4-350x250.jpg)
Zimbabwean banks sitting on billions in hard currency but wary of lending it
The banks themselves have little confidence in each other which is demonstrated by the absence of a real interbank lending...
I&M records a 33pc rise in profit in first half of 2021
Regional Financial Services Group, I&M Group PLC has announced an increase of 33 per cent after-tax profit for its 2021...
Equity Group’s social impact projects hit US$496mn
Equity Group Plc said it intensified its ‘shared prosperity’ business model in the first half of 2021 by investing US$...
Kenya: Fixed deposit accounts remain crucial for savings: expert
Central Bank of Kenya (CBK) data shows fixed deposit accounts gained Sh64.8 billion in the quarter ending June, 2021. While...
KCB’s net profit for half year 2021 doubles
Regional bank Kenya Commercial Bank has doubled its profit after tax for the period ended June 2021. In a statement,...
Equity Group records 98pc growth in its 1H21 profit
Regional bank Equity Group Holdings has announced a 98 percent growth in half year profits to Sh17.9 billion up from...
This Months Edition
