KCB Group, has restructured 80 billion shillings in loans to support its customers who have been disrupted by the coronavirus…
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Dive into the pulse of East African banking and finance with Khusoko.com. Explore in-depth news, analysis, and insights on everything from financial regulations and fintech trends to industry mergers and central bank announcements.
ABSA Group has rolled out its modernized payment infrastructure in 8 African countries using HPS’ PowerCARD software. The PowerCARD suite…
The Bank of Tanzania (BoT) has lowered the statutory minimum reserves requirements for commercial banks to 6 percent from 7…
Kenya’s financial sector remains well-capitalized besides the headwinds caused by the Covid-19 pandemic straining their income and loan growth. The…
Martin Mugambi, Citibank chief executive officer for Kenya and East Africa clusters Friday said the Coronavirus pandemic will change banking…
Financial services firm UAP Holdings extended its losses to Ksh.3.4 billion for the year ending December 31 from a Ksh.518…