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Saturday, February 27, 2021
Temenos technology supports Bank of Khyber’s strategic objectives to increase market share and drive sustainable growth by optimizing its banking operations and reducing operational costs. Bank of Khyber (“BoK”) which is a leading bank in Khyber Pakhtunkhwa, Pakistan, with 175 branches, successfully went live with Temenos Transact  the next generation...
The Board and management remain confident in DTB’s long-term strategy that should result in improved future performance. Negative effects of Covid-19 will see Diamond Trust Bank (DTB) Kenya's profits for the year ended December 31 drop by at least 25 per cent compared to 2019, the lender has said. In a statement,...
ABC Insurance Brokers, a part of the ABC Bank & Group, has partnered with Prudential Insurance to offer customers the ABC Kwaheri Plan, a life insurance cover payable in the event of death to cater for burial expenses.   The ABC Kwaheri Plan allows policy holders to cover up to 10 family members including parents...
Simon is a British national who joined the Bank on the 10th of May 2009, as Head of Results Management Division. The African Development Bank is pleased to announce the appointment of Mr. Simon MIZRAHI as Acting Director, Communication and External Relations Department (PCER), effective 16 December 2020. Simon is a British national...
The Central Bank of Kenya (CBK) on Thursday said it will allow the Payment Service Providers (PSPs) to introduce new charges on transactions above Sh100 by 1st  January, 2021. Mobile money customers will however not be charged for transferring less than Sh100 to any network and the wallet and transaction...
National Bank of Kenya has partnered with the National Youth Service (NYS) to plant 50,000 tree seedlings in the Tana River Basin, as part of the Greening Kenya Initiative. The tree planting campaign is part of government efforts to grow the country’s forest cover to 10 per cent by the...
Micro, Small, Medium Enterprises (MSMEs) to enjoy affordable business loans on interest sharing and guarantee model. KCB Bank Kenya has set aside KShs. 1.3 billion to support Micro, Small, Medium Enterprises (MSMEs) in Kiambu County to help them weather the COVID-19 pandemic. Under the arrangement, KCB will provide affordable facilities to...
Cytonn Investments has today released its Q3'2020 Banking Sector Report, which ranks I & M Holdings as the most attractive bank in Kenya, supported by a strong franchise value and intrinsic value score. The franchise score measures the broad and comprehensive business strength of a bank across 13 different metrics,...
The rule usually is that by the time the borrower approaches any shylock or let me specific with any UNREGULATED Micro finance institution, they are already desperate. The GREEN levels are Saccos who offer cheap loans and are flexible in terms of rescheduling them, then AMBER who are the banks...
The award of ‘Outstanding Crisis Leadership – Finance & Business’ was awarded to Ecobank by Global Finance. Leading pan-African banking group, Ecobank, has won awards from EMEA Finance, The Banker and Global Finance. Ecobank’s awards in the EMEA Finance African Banking Awards 2020 includes the pan-African award for Financial Inclusion,...

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