BANKING

KCB To Give Sh13 Million In Loyalty Cash Rewards To Customers

KCB Bank Kenya has unveiled a loyalty rewards campaign that seeks to appreciate its customers, merchants, and agents. Dubbed “Simba Rewards”, the campaign will see customers and partners who perform…

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BUSINESS

KCB Bank Customers to enjoy up to 95% Financing Deal In New Partnership

KCB Customers will now enjoy up to a 95% asset financing deal with an extended repayment period of 72 months as well as a comfortable 60-day payment holiday. This is…

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TECHNOLOGY

‘Fintech In The Savanna’ Attracts Millions In Financial Boost From Kenyan Corporates

July 2019 marks yet another year of significant investment in financial technology in the realisation that the future of banking is in digital finance. Firms in the digital finance sector…

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BUSINESS

KCB’s Ksh 10.7Billion National Bank Aquisition To Further Boost Its Lending Capacity

KCB Group’s proposal to acquire 100% of the issued ordinary shares of National Bank has been approved by the lender’s shareholders. This approval follows the offer made by KCB Group…

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BUSINESS

KCB Eyes Mergers And Acquisitions As Loans And Mobile Transactions Boost Q1 Results

Growth was driven by increased transactional activity and higher loan volumes KCB Group PLC after-tax profit grew 11% to KShs. 5.8 billion in the first quarter of 2019. Stronger non-funded…

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BUSINESS

KCB pays Sh10 Nominal Value In Imperial Bank Takeover

KCB will inherit Imperial bank without paying premium after a period of receivership under the supervision of Central Bank Of Kenya. According to reports, KCB will pay Sh10 to acquire…

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TECHNOLOGY

e-Resident To Provide Better Rental Collection and Management For Estate Owners

Rental payment has evolved from delivering cash to agents and landlords in person to using digital platforms like mobile money payment as well as direct bank transaction totally changing the…

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TECHNOLOGY

KCB Exits Chase In Successful Resolution

KCB Bank Kenya Limited has completed its assignment as the Kenya Deposit Insurance Corporation appointed receiver manager in Chase Bank Ltd marking the first ever full resolution of a local…

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BUSINESS

Effects of the Proposed Treasury Single Account

The government is looking to plan its cash flows better and possibly reduce borrowing through overdrafts and other short term treasury securities. This, will be under regulations provided for by…

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BUSINESS

NTV’s Lions’ Den airs on 26th September

The much-awaited Lions’ Den reality TV show to be aired on NTV is now weeks away. The show will premiere on the 26th of this month (September). The investors (lions)…

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KENYA

KCB’s 2JIAJIRI expected to benefit 500,000 entrepreneurs

KCB Group launches a KShs.50 billion enterprise development programme dubbed 2JIAJIRI. The program is expected to benefit at least 500,000 entrepreneurs in 5 years, thereby creating at least 2.5 million…

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BANKING

KCB goes an extra mile to provide the modern day mortgage deals

KCB Bank has partnered with Chloride Exide, East African Cables and Crown Paints to offer added value to the lender’s mortgage customers in efforts to push uptake of housing products….

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TECH NEWS

African grown technology card brand enters the Kenyan market

International card brand Verve has entered the Kenyan market in a strategic partnership with Kenya Commercial Bank to expand card acceptance and payment services in Six East African market. The…

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BANKING

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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MEDIA HOUSES

Is broadcast watershed period taken seriously in Kenya?

In the first quarter of 2015, Communications Authority of Kenya proposed a code of conduct for radio and TV services with chief emphasis lying on advertisement and watershed period on…

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TECH NEWS

Mobile technology boosts profits in East African Banks

According to financial analysts, Financial institutions that control their expenses end up with high returns, which is why Kenyan banks with a strong presence in the retail market recorded an…

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TECH NEWS

Understanding KCB M-PESA Account

There is a new mobile bank product in town courtesy of KCB and Safaricom – the KCB M-PESA Account. This comes after KCB introduced another mobile bank product that they…

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TECH NEWS

KCB, Safaricom merge to offer leadership in mobile money ecosystem

Mobile technology has greatly transformed our lifestyles in the 21st century.   It is increasingly making it more convenient for customers to pay utility bills, withdraw or deposit money in their bank…

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TECH NEWS

KCB Bank Group selects NetGuardians to enhance data security and mitigate risk

KCB Bank Group has selected NetGuardians, Swiss-based firm to further enhance its capacity to ensure data security and mitigate risk. The company is a dedicated software company recognized for its…

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TECH NEWS

Biashara Smart To provide A Solution Platform For Small and Medium Enterprises.

KCB Group in partnership with telecommunications company Safaricom have established a one-stop solution platform to enable SMEs scale up their growth while nurturing enterprise health through smart tips on cost…

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TECH NEWS

KCB set to roll out ICT systems for service upgrade.

KCB Group plans on rolling out a new ICT system; T24 set to reduce operational costs as well as accommodate customers more with better services. At a cost of sh2.2…

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TECH NEWS

Master Card bags equity,KCB in plastic money duel with Visa.

Top Kenyan banks KCB and Equity have signed up Mastercard to issue their customers with new generation debit and credit cards in a bid to control Kenya’s lucrative payments solutions…

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