By Duncan Miriri and Nqobile Dludla NAIROBI/JOHANNESBURG, June 29 (Reuters) - African banks including Egypt's Commercial International Bank (CIB), Nigeria's Access Bank and South Africa's Nedbank are ...
Business Daily Africa on MSN
Banks enjoy record profits of Sh111bn in four months
The cumulative pre-tax profit for Kenya's commercial banks in the four months ended April rose 13.8 percent, riding on loan book growth, signalling another lucrative year for the banking sector.Data ...
allAfrica.com on MSN
Cib Kenya Names Tirus Mwithiga CEO
Commercial International Bank (CIB) Kenya has appointed Tirus Mwithiga as its Chief Executive Officer following regulatory approval.The lender says it is betting on the seasoned banker to drive its ...
Commercial banks in Kenya are holding back on offering lower interest rates to customers, following delays in implementing a risk-based pricing model that lets them charge higher rates for riskier ...
NAIROBI, April 16 (Reuters) - The Central Bank of Kenya (CBK) will lift a decade-long moratorium on licensing new commercial banks on July 1, it said on Wednesday. The prohibition was imposed in 2015 ...
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