Banking
Explore the latest trends, technology advancements, and regulatory changes impacting the banking sector.
- News
M-Pesa to join PesaLink: Convenience or Cost for Kenyan Users?
M-Pesa integrates with PesaLink, enhancing financial interoperability, streamlining transactions, and reshaping Kenya’s digital payment landscape amidst regulatory developments.
- News
Stanbic Bank’s PMI Signals Marginal Growth for Kenya’s Private Sector in December 2024
Stanbic Bank's December 2024 PMI report shows modest private sector growth despite inflation, muted confidence, and sector-specific challenges.
- Opinion
I&M Bank Refuses to Reverse Airtime Purchases: A Case of Bad Design and Poor Customer Service
I&M Bank's refusal to reverse an airtime purchase highlights poor app design, inflexible policies, and subpar customer service.
- News
Co-operative Bank and Visa to Revolutionize SMEs in Kenya with Next-Gen Business Cards
Co-operative Bank and Visa launch innovative business cards, revolutionizing financial management for Kenyan SMEs with advanced digital payment solutions.
- Announcements
I&M Bank Lowers Lending Interest Rates by 0.75% Following CBK Rate Cut
The bank first implemented a 0.25% rate reduction on November 28, 2024, followed by an additional 0.5% reduction effective December…
- News
I&M Bank Unveils “Milele Rewards” Program, Offering Card Loyalty Benefits in Kenya
I&M Bank launches "Milele Rewards," offering 1:1 point-to-shilling conversions, cashback, travel, shopping, and flexible redemption options.
- Announcements
Absa Bank Revises *224# USSD Transaction Limits, Emphasizes Security
Absa Bank Kenya has announced changes to transaction limits on its *224# USSD platform, citing security and customer safety as…
- News
National Bank of Kenya’s KES 1.2 Billion Q3 Profit Marks 142% Growth
National Bank of Kenya posted a 142% profit growth in Q3 2024, driven by efficiency, revenue diversification, and sustainability efforts.
- News
I&M Group PLC Achieves 24% Growth in Profit Before Tax for Q3 2024
I&M Group celebrates 50 years with 24% Q3 PBT growth, strong regional performance, digital innovation, and SME support.
- News
How NCBA’s New Partnership with Xpress Money Benefits the Kenyan Diaspora
NCBA partners with Xpress Money to provide secure, affordable global remittance services, enhancing convenience for Kenyan diaspora customers worldwide.
- Announcements
Breaking Down Standard Chartered Kenya’s Strong Q3 2024 Results
Standard Chartered Bank Kenya Limited has announced its financial results for the quarter ending September 30, 2024, showcasing an impressive…
- News
Equity Group and DEG Unveil German Desk to Strengthen Africa-Germany Trade Connections
Equity Group and DEG launch German Desk to support East African-German trade, offering financial solutions to enhance SME partnerships and…
- News
MSMEs Set for Growth as Kenyan Banks Pledge KES 450 Billion in Financing Over 3 Years
Kenyan banks commit KES 450 billion over three years to support MSMEs, boosting access to affordable financing and growth.
- Announcements
NCBA Takes Over 100 Kenyan Business Customers to China for Market Exposure Trip
NCBA takes over 100 Kenyan SMEs to China for a 12-day business exposure trip, fostering trade connections and market insights.
- News
Standard Chartered Expands Global Investment Offering in Kenya, Tapping into Growing Investor Demand for Foreign Assets
Standard Chartered expands global investment offerings in Kenya, focusing on foreign assets, digital platforms, and financial literacy initiatives.
