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FEATURED

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...

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...

Centum’s K-Rep Bank full year profit drops by Sh. 141 million

FEATURED Bizna Reporter -
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...

NBK sends CEO Munir Ahmed, six managers on forced leave

FEATURED Bizna Reporter -
National Bank of Kenya (NBK) has sent six managers including the chief executive officer Mr. Munir Ahmed on compulsory leave. In a decision arrived...

Fidelity Bank gets Sh. 1.9 billion capital boost, CBK says bank is stable

FEATURED Bizna Reporter -
The Central Bank of Kenya (CBK) has rubbished reports that Fidelity Bank is to be placed under receivership. This follows reports circulating on social...
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