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NBK posts Sh. 1.2 billion full year loss down from Sh. 2.3 billion profit in 9 months

FEATURED Bizna Reporter -
National Bank of Kenya (NBK) has swung to a full-year loss after setting aside significantly more money for bad loans, one day after sending...

Chase Bank posts Sh. 792 million loss

FEATURED Bizna Reporter -
Chase Bank has posted a net loss of Sh792 million for the full year ended December 31, 2015, compared to a profit of Sh2.35...

Chase Bank gets Sh. 5 billion for SME lending

FEATURED Bizna Reporter -
Chase Bank has secured a Sh5 billion on-lending facility from African Development Bank (AfDB) for SME lending. The credit facility will add to the Sh60...

Saccos set to be listed on NSE

SAVINGS & INVESTMENT Bizna Reporter -
The Nairobi Securities Exchange may be opening its gates to Savings and Credit Co-operatives (Saccos) in the country. This is according to Co-operative Development...

NBK issues profit warning, earnings to drop 25 per cent

FEATURED Bizna Reporter -
National Bank of Kenya has issued a profit warning saying that its 2015 profit will be at least 25 per cent lower than the...
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Why many Kenyans are moving to satellite towns

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Construction firms halt hiring over rising costs and cash flow struggles

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A growing number of construction companies in Kenya are...

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Why many Kenyans are moving to satellite towns

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