Banking
Explore the latest trends, technology advancements, and regulatory changes impacting the banking sector.
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Announcements
NCBA to lease 250 Vehicles to Kenya Police in 1.2B Deal
NCBA says under the agreement, the Kenyan government will pay lease rentals for the vehicles on a quarterly basis.
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News
Equity Bank named one of World’s Top 1000 Banks
In the overall ranking, Equity came 22nd in Africa and 761st globally based on its Tier 1 capital base of…
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News
Equity revamps ‘Eazzy Net’ to ‘Equity Online’ with new features
Equity has announced it is relaunching 'Eazzy Net' as 'Equity Online' after making changes in line with its One Equity…
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Startups
Sparkle closes $3.1 Million all-Nigerian Seed Funding Round
Sparkle has announced it has raised an oversubscribed seed round of $3.1 Million from an all-Nigerian group of investors
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News
Banking Sector contributed 27% of all Corporate Taxes in Kenya in 2020 & 2019
The Banking report also notes that the Banks that participated in the study contributed 7.5 percent of the total government…
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Announcements
Britam announces KES 647 Million before-tax profits
Britam Holdings PLC has posted a profit before-tax of KES 647 million in its half year results for the period…
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Announcements
NCBA pre-tax profits hit KES 7.4 Billion in half year results
The NCBA Group PLC has posted a profit before tax of KES 7.4 billion in its half-year results ending June…
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News
NCBA partners with MySafe Vaults to offer Safety Deposit Facilities in Nairobi
NCBA Bank has announced it has gotten into a partnership with MySafe Vaults Limited that will see them offer alternative…
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Announcements
NCBA Bank launched ‘EasyBuild’ all-in-one Construction Solution
To begin with, NCBA EasyBuild will be available in Nairobi and the surrounding metropolitan area that covers Kiambu, Machakos and…
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News
Cellulant gets Bank of Tanzania approval to operate as Payment Service Provider
Cellulant has received the Bank of Tanzania's (BOT) approval to operate as a payment solution service provider in Tanzania. This…
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News
NCBA signs new deal with Simba Corp to provide up to 95% Vehicle Financing
NCBA Bank Kenya PLC has today signed an asset finance deal with Simba Corp that will see the lender finance…
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Announcements
Equity revamps redemption website for American Express Card holders
The Membership Rewards website, now relaunched by Equity and American Express, offers a wider variety of premium gifts, electronics, merchandise,…
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News
NCBA Bank partners with DT Dobie to offer up to 95% financing on Volkswagen and Mercedes Benz Vehicles in Kenya
Under the partnership, NCBA will provide up to 95% financing with up to six years loan repayment period. The partnership…
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Announcements
Think Business names Equity ‘Best Overall Bank’ for the 10th year running
For the 10th year in a row, Equity was ranked Best Overall Bank in Kenya and Best Bank in Sustainable…
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Announcements
Equity Group remains profitable despite multiple crises
Interest income grew by 32% while non-funded income grew by 30% to contribute 42% of total income. Regional subsidiaries registered…