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 billion that the bank had pledged to lend to SMEs during the Global Entrepreneurship Summit...
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 Permanent Secretary Ali Noor Ismail.
Speaking yesterday during the inaugural Sacco Leaders’ Convention in Nairobi, Ismail...
National Bank of Kenya has issued a profit warning saying that its 2015 profit will be at least 25 per cent lower than the previous year.
The bank has cited bad loans as the cause for dropped earnings. “NBK’s earnings...
When Shark Tank's Robert Herjavec wanted to start his own company, people discouraged him. They said he couldn’t do it. He had zero experience, he didn’t have a business degree and he knew nothing about running a business.
The headstrong...
K-Rep Bank, majority owned by investment firm Centum with a 67.5 per cent, has recorded a 27.5 per cent net profit drop in the year ended December 2015. K-Rep Bank said its net profit in the period stood at...
Until his suspension on March 29, 2015, Mr. Munir Sheikh Ahmed was the CEO of National Bank of Kenya (NBK). He had served as Managing Director at National Bank Of Kenya Ltd since June 7, 2012.
He is a career...
National Bank of Kenya (NBK) has sent six managers including the chief executive officer Mr. Munir Ahmed on compulsory leave. In a decision arrived at following a board meeting held on Tuesday, NBK’s board of directors also appointed Mr....
The Central Bank of Kenya (CBK) has rubbished reports that Fidelity Bank is to be placed under receivership. This follows reports circulating on social media alleging that Fidelity Bank is about to be closed or placed under statutory management.
In...
Bull calves, like all calves, need timely, high-quality colostrum at birth which is critical to future health and performance. Creep feeding then becomes an option based on cowherd goals, forage type and availability and marketing. “Bulls can be started...
Buying and selling property in Kenya, especially land, is not for the faint hearted. Stories abound of a rogue sector where land agents swindle clients of their hard earned money. In worse cases, this has led to murder arising...
