Browsing: Banking
The event will provide a springboard platform for businesses to grow their intra-African trade and investments across the continent’s single market of 1.4 billion people created by the African Continental Free Trade Area (AfCFTA)
NCBA Bank the lender will increase its rate from 13 percent to 14.5 percent on Kenyan shilling-denominated loans.
The Co-operative Bank of Kenya has received a long term 7-year funding facility amounting to Sh13.8 billion from a consortium of financial institutions led by DEG for on-lending mainly to Micro, Small and Medium-sized Enterprises (MSMEs) in Kenya.
Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022.
Stanbic Bank Uganda Holdings Limited (Stanbic Bank Uganda), Uganda’s largest commercial bank by assets with over three decades of serving the market, has selected IBM’s (NYSE: IBM) Cloud Pak for Integration (CP4I) to modernize its business operations and enhance its customers’ experience.
With Yellow Pay, customers can send and receive money through the Yellow Card crypto exchange platform, without any extra charges, instantly with just a few taps on their phone.
The SBM Bank has launched a three-month utilization campaign among users of its SBM prepaid, credit, and debit cards dubbed the “Spend and Win” Campaign to promote these cards’ use.
SBM Bank Kenya Limited’s net loans and advances increased year on year by 30% from KShs. 27.9 Billion in Q3’2021 to KShs. 36.3 Billion in Q3’2022 supported by increased lending to its customers.
Elimu Konnect –NBK’s KShs.2B education financing and empowerment proposition – targets to upskill Infrastructure development,leadership capacity building, innovation in learning, Energy and Water provision,Digitization & ICT Infrastructure as well as Asset Financing for schools.
Equity Group Holdings Plc has announced the appointment of Samuel Kirubi as the Group’s Chief Operating Officer.