More than Sh2 billion has been issued to micro, small and medium-sized enterprises (MSMEs) under the state-backed credit guarantee scheme. National Treasury says by December 2021, a total of 1,291 small businesses had taken loans amounting to Sh2.1 billion since the scheme was launched a year ago. The credit guarantee scheme encourages banks to disburse […]
Tag: diamond trust bank kenya
Banks abandon CBK’s SME mobile loans deal
Four lenders selected by the Central Bank of Kenya to give low-cost mobile loans to small businesses under a programme dubbed ‘Stawi’ have abandoned the deal. The Business Daily can reveal the platform has not issued a single loan for over a year after KCB Bank #ticker:KCB , Co-operative Bank #ticker:COOP , Diamond Trust Bank […]
Africa.com Definitive List of Women CEOs expands by 50%
Africa.com ( www.Africa.com ) announced the second annual Africa.com Definitive List of Women CEOs on March 8, 2022, in line with International Women’s Day. The list is a unique, data-driven research effort that highlights the women who lead big business in Africa. The data for the effort is provided by Bloomberg. In short, the list […]
Kenya Banking Industry Report 2021 Featuring Standard Chartered, Stanbic, Equity Bank, KCB Group, Paramount, Middle East Bank, Faulu and Muungano – ResearchAndMarkets.com
DUBLIN–( BUSINESS WIRE )–The "The Banking Industry in Kenya 2021" report has been added to ResearchAndMarkets.com’s offering. The Banking Industry in Kenya This report covers the Kenyan banking industry, focusing on commercial banks and also including the central bank, microfinance and mutual funds such as local credit and savings unions and community-based financial services associations. […]
Money market funds outperform other asset classes in 2021 – Cytonn
NAIROBI, Kenya Jan 5-Money market funds continued to perform better than all the other asset classes such as equities and real estate in 2021 , for the second year in a row, a new Cytonn report shows . The analysts at Cytonn attributed the good performance of the Money market funds to their higher returns […]
Fixed income securities touch new high at NSE
Retail and institutional investors have been seeking higher guaranteed returns on the Nairobi Securities Exchange. PHOTO | FILE Both retail and institutional investors have been seeking higher guaranteed returns available from government securities, as earnings from other asset classes such as equities and cash deposits remain low. The government’s large appetite for debt also fuelled […]
HBL partners with DTB to serve Chinese enterprises in East Africa
Karachi: HBL partners with Diamond Trust Bank (DTB) and launches the China Coverage Department to serve Chinese enterprises operating in the East African Market. HBL, the largest Bank in Pakistan and China is HBL’s second home market. It is the only Pakistani bank to have branches in China and only one of the three banks […]
Top 50 Women in Corporate Africa Revealed after Data-Driven Research
source: Africa.com In a major virtual summit with over 1,000 high-level attendees, Africa.com revealed the names of the 50 most senior women in Corporate Africa. The Africa.com Definitive List of Women CEOs is distinguished in that it is data-driven. The researchers started by working with data provided by Bloomberg and evaluating the over 1,400 companies […]
Top 50 Women in Corporate Africa Revealed after Data-Driven Research
In a major virtual summit with over 1,000 high-level attendees, Africa.com revealed the names of the 50 most senior women in Corporate Africa. The Africa.com Definitive List of Women CEOs is distinguished in that it is data-driven. The researchers started by working with data provided by Bloomberg and evaluating the over 1,400 companies listed on […]
The top 50 women in corporate Africa
In a major virtual summit with over 1,000 high-level attendees, Africa.com revealed the names of the 50 most senior women in corporate Africa. The Africa.com Definitive List of Women CEOs is distinguished in that it is data-driven. The researchers started by working with data provided by Bloomberg and evaluating the over 1,400 companies listed on […]