KCB Shareholders Approve Purchase of Trust Merchant Bank SA
Shareholders of KCB Group have approved the proposed acquisition of the DRC-based lender Trust Merchant Bank SA (TMB). At the…
The latest in the East African financial and banking sector
UBA Bank Eyes Kenyan Youth With Instagram Chatbanking
Financial instituions use technology to support their business processes, reduce costs, diversify income streams, and improve customer experience.
Equity Bank Inks Asset and Liabilities Purchase Agreement With Spire Bank
The deal will see Equity, which has a KSh1.3 trillion asset base, take over KSh945 million in loan assets from…
Climate Finance : IFC Extends $150 Million Loan to KCB Bank
The loan to KCB is part of IFC’s growing work in Kenya to increase the amount of climate financing available.
Kenya’s Forex Reserves Drop to $7.37 Bn; 5-year Low
Kenya is in breach of East Africa's FX reserve policy, where members are expected to have above 4.5 months of…
KCB Seeks Shareholders’ Approval to Acquire Trade Merchant Bank
The deal comes from KCB's acquisition of Rwanda's Bank Populaire Du Rwanda (BPR) in 2021.
