Family Bank records Sh638.5 mn in profits during H1 2020
The bank is closely working with county governments to assist those affected by the pandemic...
Tag : Covid-19
Co-op Bank restructures loans worth Sh39.2 bn to support distressed clients
The revenue streams of several businesses have been severely impacted by the protracted pandemic...
Kepsa, Mastercard Foundation to loan to 400 MSMEs
Both organisations have established a fund which will provide financial aid to MSMEs largely affected by the pandemic...
DTB Kenya to receive Sh5.4 bn loan from IFC
The loan will help the bank to finance SMEs that are largely affected by the protracted pandemic...
Grab raises $200 mn from Seoul-based Stic Investment
So far Grab has raised $9.9 bn in separate funding rounds...
Monzo reports post-tax loss of £113.8 mn; operations affected by pandemic
The neobank’s investments in US expansion, hiring and marketing have impacted its performance growth...
Vietnam’s economy to grow by 2.8% despite Covid-19: World Bank
The economy will grow by 6.8% in 2021...
IFC’s new $4 bn initiative to strengthen healthcare production and supply
The initiative is largely directed toward private sector projects which comprise manufacturing of sophisticated medical devices and vaccines...
What the pandemic means for Saudi banks
by WebAdmin
SAMA has injected $13.3 billion capital into the banking industry in the wake of economic challenges...