Banking
Explore the latest trends, technology advancements, and regulatory changes impacting the banking sector.
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Announcements
KCB Bank completes acquisition of DRC’s Trust Merchant Bank
KCB Bank has announced the completion of the acquisition of Trust Merchant Bank SA (TMB) after receiving all the regulatory…
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News
Over 200 women graduate from Absa SHE Stars Program
Absa Bank’s SHE Stars Program graduated its first cohort of 257 women entrepreneurs who went through capacity building.
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News
KCB Group’s profits up 21% to KES 30.6 Billion
KCB Group PLC net profit rose 21.4% to KES 30.6 billion in the first nine months of 2022 on the…
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News
NBK, AGF to offer loan guarantee for MSMEs
Qualifying Borrowers must be Micro, Small and Medium-sized Enterprises (MSME) eligible for credit facilities from NBK.
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Announcements
DTB opens new branch in Likoni, Mombasa
The new DTB Bank branch is strategically located at the Likoni Mall to serve the growing number of customers in…
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News
KCB sets up KES 250 Billion Fund to support Women Entrepreneurs
KCB says that data shows that almost 80% of women owned businesses have limited access to credit due to lack…
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News
KCB Bank partners with TerraPay to enhance cross-border remittances
With TerraPay onboard, KCB Bank seeks to fortify its position as a key player in strengthening the global payments ecosystem
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News
Waya, a Digital Banking App for African Diaspora, launching on September 16th
Waya has announced the upcoming launch of its full service digital bank and money transfer app that will focus on…
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News
KCB increases interest rates for its Savings Accounts
KCB Bank has revised the annual interest rates for its Savings Account rates in a move that seeks to attract…
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News
Absa invests KES 2 Billion to expand their digital banking facilities; allows instant online account opening
You can now open an Absa account in minutes from wherever you may be, and begin transacting immediately thanks to…
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News
Immigrants still sending money back home despite rising costs of living; World Remit Report
According to a WorldRemit report, immigrants are still sending significant amounts of money back home despite rising costs of living.
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Startups
Bloc has acquired Orchestrate, formerly Getwallets
Bloc, Nigeria’s full-service FinTech and Banking as a Service infrastructure provider, announces its acquisition of Orchestrate
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News
‘Absa Visa Send Money’ service launched for domestic & international remittances
Absa and Visa have partnered to launch a domestic and cross-border remittance service called "Absa Visa Send Money"
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24 Bit
Podcast: The State of Banking Apps in Kenya in 2022
We sat down to discuss the state of banking apps in Kenya; How we find the apps, what's good and…
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News
Paul Russo named KCB Group CEO as Joshua Oigara exits
Paul Russo has today been appointed KCB Group PLC Chief Executive Officer replacing Joshua Oigara. This is effective May 25th…