BANKING

Family Bank records KSH 852.1 million profit before tax in the first half of 2020

Family Bank has recorded a 63.6 percent increase in its profit before tax for the first six months of the year 2020. A Kenya Shillings 852.1 million profit up from…

Read More
BANKING

KDIC announces deposit insurance coverage limit of Ksh 500, 000, effective 1st July 2020

The Kenya Deposit Insurance Corporation (KDIC) has announced the implementation of the raised deposit insurance coverage of KSh 500,000 from KSh100,000 aimed at compensating depositors in case of a bank collapse. The…

Read More
BUSINESS

Fintech: Diaspora Transaction Volumes Rose To Ksh107 Billion from Ksh36 Billion

Equity’s Fintech innovation and digitization have powered rapid growth of Diaspora banking boosting the total revenue income by 38%. Diaspora transaction volumes grew by 196% to Kshs 107 Billion while…

Read More
BANKING

Ten Years Down The Line and 80% Of Kenyan GDP Pass Through M-PESA

The year 2017 will probably be more associated with the forth-coming general elections in Kenya and whatever will happen thereafter but this is also the year M-PESA turned ten.  M-pesa…

Read More
BANKING

Saccos warned on the growth of cybercrime

Sacco’s have been warned on the need to strengthen their cyber defenses as the cybercrime continues to pose a threat to member’s personal information, deposits, and transactions.   Speaking at…

Read More
BANKING

Ecobank partners with MasterCard to launch Mobile QR payment in Africa.

  Ecobank Kenya has launched Ecobank Mobile App. This will enable an instant way of banking via the mobile phone by allowing customers to shop, transact and do business on…

Read More
TECH NEWS

#BanktoAvoid: The issues you raised

Dear Banks, Yesterday in this post we highlighted some of the issues and challenges bank customers face at various top banks in Kenya and the post generated a discussion on…

Read More
TECH NEWS

Bank to avoid

After I wrote the article on Bank Queues: Banks should sensitize their customers I received some feedback on people’s experiences at different banks. Banks that topped the list on various issues include…

Read More
TECH NEWS

Bank Queues: Banks should sensitize their customers

Ever since the adoption of mobile banking, it takes me a very very long time to physically visit a bank. As a matter of fact, I only find myself in…

Read More
TECH NEWS

Coop Bank Partner with Airtel Kenya to Provide M-Banking

Co-operative Bank of Kenya and Airtel Kenya have entered into a partnership that will enable Co-op Bank Mobile Money Subscribers to deposit and withdraw money directly from their phones using…

Read More

Page 1 of 1

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password