KCB Mpesa

TECHNOLOGY

KCB Quarter financial report: Interest cap and political tension to blame for Low interest income

Fees and commissions saw KCB Group’s total non-interest income read at Ksh 17.5 billion an increase of 18.4% against the same period in 2016. The financial institution posted a pre-tax…

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TECHNOLOGY

MPESA Menu receives an update to allow KCB MPESA Account to be part of MPESA

It is slightly over a year since KCB and Safaricom introduced the KCB MPESA Account. After that one year, Safaricom has rolled out a major MPESA Menu update to incorporate…

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TECHNOLOGY

Mobile Money Loans are money fleecing schemes as KCB MPESA increases interest rates to 72 percent

The Interest rates in Kenya currently stands at an all time high of between 28 and 30 percent thanks to the government’s decision to partake in a borrowing spree both…

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TECHNOLOGY

Safaricom to apply charges on 190 banks and financial institutions riding on M-Pesa platform

Safaricom has done it again! Seen a business opportunity where no one saw. Well, we have been all merry on the new convergence of banks and telcos that has made…

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TECHNOLOGY

KCB’s assets go up by over 200 Billion among contributing factors being Loans and advances

Retirement benefit asset, investment properties, Loans and advances, joint investments are some of the factors that have contributed to KCB bank’s increase in assets to 567 Billion which is a…

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