Equity Bank to acquire Congolese lender at $105 million
Equity Bank is in the final stages of completing its takeover of the Banque commercial du Congo (BCDC). The acquisition ...
Tag: Central Bank of Kenya (CBK)
How East Africa’s largest commercial bank performed in Q3
KCB Group Plc profit after tax surged six per cent to Ksh19.2 billion ($186.1million) for the nine months ending September ...
No more lending controls in Kenya as rate cap ‘dies’
Borrowers in Kenya should now expect interest rates as high as 30 per cent following the repeal of the interest ...
World Bank says Kenya’s ambitious 3T budget ‘unrealistic’
The World Bank on Thursday said that Kenyans are not as poor as they were 4 years ago
Kenya is killing its internet, future success
The 2019 FinAccess Household Survey noted that mobile money has been instrumental in deepening financial inclusion
KCB commits Ksh10 million for Afro-Asia Fintech Summit
KCB Bank Kenya has committed Ksh10 million (US$97,448) to the Afro-Asia Fintech Festival 2019, a first of its kind in ...
How Kenya’s economy will perform in 2019
The Kenyan economy is projected to grow by 5.8 per cent on average in 2019, according to GDP projections from ...
Why Kenya’s insurance sector is “rotten”
Kenya's insurance sector has been rocked with controversies among them failure to meet contract obligations, exposing policy holders to risks ...
How risk-based pricing can help borrowers, lenders in Kenya
Global risk and information solutions provider—TransUnion has urged the use of credit scores for better loan product pricing. With a ...
Mobile money lenders meteoric growth in Kenya
More than 7.6 million Kenyans have loans from multiple mobile loan apps with 2 per cent of these defaulting and ...
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