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.
Kenya: Stanbic Bank provides women entrepreneurs with over $58.5 million in three years
Stanbic Bank has revealed that it has empowered over 45,000 women entrepreneurs in the last three years Under its DADA...
Kenya: Here’s how much Jubilee Holdings will pay in dividends
Jubilee Holdings Limited's shareholders have approved a final dividend of KSh 13.0 per share The payout follows the exceptional results...
Kenya’s GDP growth downgraded to 4.9% as shocks continue to bite
The Kenyan economy will expand by 4.9 per cent in 2022, according to the NCBA Economic Outlook The figure is...
Highest paid bank CEOs in Kenya in 2022
Chief executive officers (CEOs) of listed banks in Kenya took home Sh 1.4 billion in 2021 Co-operative Bank CEO Gideon...
Kenya: Centum sells its entire stake in Sidian Bank to Nigeria’s Access Bank
Kenya's Centum Investments has sold its entire equity stake in Sidian Bank Limited to Nigerian lender Access Bank at a...
Kenya: Business activities fall as customer demand declines
A survey by Stanbic Bank shows Kenyan businesses registered a drop in activity in May 2022 for the third consecutive...
KCB Group shareholders approve $82.5 million in dividend payout
Kenya Commercial Bank (KCB) has approved an $82.5 million total dividends pay-out for the 2021 financial year This comes after...
Cybersecurity: SACCOs embrace new course to mitigate fraud
Savings and Credit Co-operative Societies (SACCOS) have embraced the new cybersecurity course launched by the Chartered Institute for Securities and...
Addis Ababa hosts first-ever Ethiopian banking forum
Ethiopia hosted the first of a kind annual banking forum aimed at providing a platform for the financial services industry...
Nigeria: Central Bank raises benchmark interest rate to 13%
The recent Nigeria's central bank rise of benchmark interest was the first one implemented by the monetary policy council of...
This Months Edition
