Kenyan banking group I&M enters Uganda with Orient Bank acquisition
The group will acquire a 90% stake in Orient Bank from UK-based investment group 8 miles LLP and Morka...
Tag : Kenya banking
Kenyan banking startup Tanda announces expansion after funding round
The startup plans to expand regionally as well as to Rwanda, Uganda and Tanzania...
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...
Equity Bank seeks to become trillion shilling over next two years
The bank is close to completing the Democratic Republic of the Congo commercial bank transaction...
Standard Chartered extends Sh650 bn in financing for businesses
The loan extension will allow businesses to cope with the pandemic's impact...
NCBA Bank develops rationalisation strategy to merge branches
With this decision, NCBA Bank's number of branches in Kenya will reduce to 68...
NCBA Bank demands acceleration of Kenyan banking consolidation
The bank’s push to increase minimum capital is targeted at driving takeovers in the country...
Safaricom’s Mali to take on banks through mobile saving service
The new investment tool, powered by M-Pesa, will offer an interest rate of 10% per year...
CIB to become first Egyptian bank in Kenya with Mayfair acquisition
CIB hasidentified Tanzania and Uganda as potential markets for its Africa expansion...
Kenya’s NCBA Bank to partner with Chinese fintechs
The bank aims to boost Sino-Africa trade by facilitating financial transactions with China...