Absa Bank Kenya PLC has announced the re-introduction of a China Desk to offer tailor-made solutions…
Category: Financial services
Compare insurance quotes on new NCBA Bancassurance platform
NCBA Bancassurance Intermediary LTD, a subsidiary of NCBA Group, has launched a premier digital insurance portal…
Equity awarded at the Nairobi International Trade fair
Equity stand has won the Best Display in Data Services and Mobile Services trophy at this…
How to easily send money from M-Pesa to Airtel Money
Did you know one can send money directly to your Airtel Money from M-Pesa without a withdrawal…
Safaricom incorporates assistALL mini app on M-PESA APP
Safaricom has partnered with Signs Media to host the assistALL mini app, which provides on-demand sign…
Pesapal transforms retail business automation with RACK
In an exciting move set to reshape the retail business landscape, Pesapal, the leading payment services…
Absa Bank Kenya flies 30 business club members to South Africa
Absa Bank Kenya PLC has organized a seven-day business tour to Cape Town for its Business…
Old Mutual bounces back to profitability with Kshs 200m earnings
Old Mutual Holdings PLC has returned to profitability posting a Kshs 200 million pretax profit during…
Old Mutual Investment Group to drive sustainable investments
Old Mutual Investment Group has urged trustees to Integrate Environmental, Social, and Governance (ESG) considerations in their investment decision-making…
NCBA eyes insurance business with AIG Kenya acquisition
NCBA Group PLC has announced plans to acquire 100% of AIG Kenya Insurance Company Limited (“AIG Kenya”)…
Safaricom increases M-PESA transaction limit to Kshs 250,000
Safaricom has increased M-PESA transactions limit to Kshs 250,000 for each transaction. The move will see…
USAID mobilizes Kshs 2 billion for Northern Kenya MSMEs
Over $14 million has been disbursed to about 9,000 small and micro enterprises in the Northern…
Family Bank ring fences Kshs 50 billion for lending women
Family Bank has unveiled an exclusive woman banking proposition dubbed ‘Queen Banking’ and set aside Kshs 50 billion…
Sendwave tailors banking product for Kenyans in the US
Kenyans living in the US stand to gain from a new banking product that allows users…
Equity and Mastercard to collaborate on product development
Equity Bank has signed an ambitious Customer Business Agreement with Mastercard, aimed at giving customers a…
Britam offers Safaricom subscribers Personal Accident cover
Safaricom has partnered with Britam to introduce an affordable data plan dubbed Data Plus, which offers…
NCBA Bank opens Migori Town Branch
NCBA has opened its new Migori branch at Val Plaza, in Migori Town, Migori County. This…
How insurers can leverage the digital space to deepen uptake
Insurance players have been challenged to increase investments in digital transformations and processes in order to…
Co-op Bank scoops 2023 SME Financier of the Year in Africa – Gold Award
Co-operative Bank of Kenya (Co-op Bank) has been awarded the SME Financier of The Year In…
Old Mutual implements one-stop financial solutions model
Old Mutual Kenya (OMK) has opened a second full-suite branch in the coastal city of Mombasa,…
How SasaPay will secure a bigger mobile money payment market
SasaPay, a digital payments service provider, has unveiled new strategy as the company targets to increase…
Exness monthly trading volume hits record-high $4.5 trillion
Multi-asset broker Exness has reported a record-breaking $4.521 trillion in monthly trading volume and 625,626 active…
MoonPay, Yellow Card partner to enhance Crypto access in Nigeria
In a significant move towards expanding cryptocurrency accessibility in Nigeria, Yellow Card, a pioneering African fintech…
MSMEs trained at a consulting clinic hosted by Kingdom Bank
Kingdom Bank through the KB Growth Hub hosted at least 40 local entrepreneurs for a training…
Tende Pay tailors petty cash management for SMEs
Businesses can now enhance the management of their petty cash by embracing digital payment solutions, helping…
Absa Bank Kenya tailors solutions for Kenyans in Diaspora
Absa Bank Kenya has expanded its financial services to Kenyans in the Diaspora through its existing…
Kenya increases mobile money transaction and wallet limits
The Central Bank of Kenya (CBK) announces increase in the limits for mobile money transactions and…
Absa Bank customer wins Kshs 1 million
James Gichuru Macharia from Ndaragwa town, Nyandarua County, is the second winner of the Kshs 1…
Climate financial disclosure reporting template launched in Kenya
The Kenyan banking industry showcased to the African continent and the globe at large its progress…
AfDB avails $1 billion of climate financing for youth-led businesses
African Development Bank President Akinwumi Adesina has announced a new $1 billion fund to accelerate climate…
Airtel Money increases transaction limit to Kshs 250,000
Airtel Money Kenya Limited has revise up its per transaction limit to Kshs 250,000 from the…
BK Group’s half year net profit up 30pc to Kshs 4.4 billion
BK Group has reported a 30.3% jump in half year net profit to Kshs 4.4 billion,…
Absa Bank Kenya PLC half year profit up 32pc to Kshs. 8.3 billion
Absa Bank Kenya PLC has reported net earnings of Kshs.8.3 billion for the half year ended…
Faulu Bank opts for customer engagement forums to empower SMEs
Faulu Microfinance bank kicked off the rollout of its revamped solutions to customers across the country…
CIC Insurance Group profit doubles after adopting IFRS 17
CIC Insurance Group Plc has reported Kshs 705 million in net profit during the first six…
Kenya Re first half net profit up 9pc to Kshs 900 million
Kenya Reinsurance Corporation Limited (Kenya Re) has reported Kshs 900 million in net profit for the…
Kenyan fintech shortlisted for Ecobank Fintech Challenge 2023
A Kenyan Fintech is among eight Fintechs that have made it to the Ecobank Fintech Challenge…
Higher loan loss provision hurts I&M Group’s first half profit
I&M Group PLC saw its first half profit reduce 2% to Kshs 7.0 billion that it…
Family Bank posts Kshs 2 billion in half year pretax profit
Family Bank Group has posted a KES. 2.0 billion Profit Before Tax in the first six…
NCBA Group’s first half net profit up 20pc to Kshs 9.3 billion
NCBA Group PLC has posted a profit after tax of Kshs 9.3 billion in its H1…
Loan loss provision slashes KCB Group’s first half profit by 20pc
KCB Group has reported Kshs 15.6 billion in net profit during the first six months of…
Incubators, accelerators invited to apply for funding, mentorship
Kenya and the World Bank have today invited applications from incubators, accelerators and tech-bootcamp providers for…
INGOT Brokers to leverage Hisa platform for Kenyan traders
INGOT Africa Ltd (INGOT Brokers), a leading regulated brokerage firm, has announced a partnership with Hisa,…
How embracing ESG can drive sustainable insurance growth
By Patrick Nyaga, Group Chief Executive Officer at CIC Group Africa’s first ever Woman Nobel Laureate…
Stanbic earmarks 10pc of loan book to green financing
Stanbic has committed to ensuring a just transition for clients and the community through financing solutions…
Aleph simplifies cross-border payments, credit underwriting
Aleph, the leading global enabler of digital advertising connecting 22,000 advertisers in 130 countries, is launching…
Kenyan President pushes for international financial system reforms
President William Ruto says reforms in the international financial system will help boost investor confidence in…
Co-op Bank Group first half net profit hits Kshs 12.1 billion
Co-op Bank Group has reported Kshs 12.1 billion in net profit during the first six months…
MedSource Group to leverage SasaPay’s payment platform
SasaPay has entered into a deal that will see MedSource Group connect pharmacies to SasaPay’s payments…