FINANCE
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...
NBK launches ‘Nia’ to empower Women in Business
NBK has launched a new initiative aimed at empowering women entrepreneurs in the country. Dubbed "Nia" the initiative seeks to provide women owned and...
Stanbic Holdings PLC reports KES 9.1 billion profit in 2022 and a 55% divided payout
Stanbic Holdings Plc has announced a KES 9.1 billion after-tax profit for its financial year ended 31 December 2022.
The listed financial services provider, a...
Record performance for the Bank in Africa and the Middle East (AME)
FY2022 Announcement Quote:
Commenting on the results, Sunil Kaushal, Regional CEO, Africa and Middle East said:
“In 2022, we achieved remarkable success as we advanced our transformation journey to recalibrate and...