FINANCE
Equity Group ranked the World’s 4th Strongest Banking Brand
Equity Group, East and Central Africa’s largest financial institution, has enhanced its position as one of the strongest banking brands globally by scoring highly,...
Faulu rolls out New Financing Options for farm inputs in bid to enhance Food Security
Faulu Microfinance bank has today announced a series of new measures aimed at financing farmers to acquire farm inputs for both livestock and crop...
I&M Bank, Redington launch Stock Financing for Small Businesses
I&M Bank has signed a strategic stock financing partnership with leading IT supply chain company Redington, to offer unsecured loans to its business customers...
DTB commits to grow green lending to 25 per cent of loan book and achieve net zero carbon neutrality by 2030
Diamond Trust Bank (DTB) has today announced a commitment to grow its lending to green projects to a quarter of its loan book by...
Absa Bank Kenya PLC records 34% growth in Profit after Tax to Kshs.14.6 billion
Absa Bank Kenya PLC has today reported a Profit after Tax of Kshs.14.6 billion for the year ended 31 December 2022, representing a 34% growth in comparison to the previous year.
As a result, the Bank has declared a total dividend of Kshs.1.35 per share, a 23% increase from last year, bringing the total dividend payout to Kshs. 7.3 billion.
The commendable performance was driven by sustained...