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 have in this ..
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 on April 18, 2019, ..
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 income lines, ..
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 five branches and a portion ..
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 tenant’s ..
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 bank in receivership. ..
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 the Public ..
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) too, have been chosen. It is a panel ..
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 ..
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. In partnership ..
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 African ..
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 growth ..
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 broadcast. Among ..
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 increase ..
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 called M-Benki (check out the article All ..
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 ..
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 revolutionary ..
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 ..
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 billion, the system is set to intergrate ..
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 market. This comes ..