The nine major lenders had previously recorded Sh36.9 billion in impairments on bonds held for trading in 2023 as interest rates rose.

The CBK says it will complete inspections in June before punishing banks found to be in contravention of the lending rate ...

[Elvis Ogina, Standard] Standard Chartered Bank Kenya (StanChart), a unit of UK banking multinational Standard Chartered, on Tuesday announced a record dividend payout totalling Sh10.96 billion ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

A court has blocked Tana River County Governor Dhadho Godhana from attaching bank accounts of the State-owned Kenya Electricity Transmission Company (Ketraco) to recover a Sh68 million debt owed to ...

By: Ebenezer ASUMANG  “The most effective barrier for the success of mobile money around the world is the banking lobby” ...

Kenyan banks earned a total of Sh240.1 billion in net profit during the last fiscal year. This is despite the East African ...

South Africa takes a pivotal role in global business policy as it unveils eight Task Forces for the G20, aiming to deliver ...

The market closed the day in the red, with NASI, N10, NSE 20, and NSE 25 down 2.6%, 3.1%, 2.2%, and 2.8%, respectively.

Standard Chartered warns of oversupply risks, but remains bullish on fundamentals. Oil prices earned an unexpected reprieve on Wednesday afternoon, regaining over 3% immediately following U.S ...