A Diamond Trust Bank branch in Nakuru. FILE PHOTO | NMG Diamond Trust Bank Kenya has become the second top-tier lender in less than a month to secure Sh5.41 billion ($50 million) from the World Bank Group’s private sector arm for onward lending to small and medium-sized businesses which have been hardest hit by economic […]
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DTB Receives $50 Million Covid-19 SME Support from IFC
NAIROBI, Kenya, Aug 12 – Diamond Trust Bank Kenya Limited (DTB) has signed an agreement for a $50 million loan with IFC, a member of the World Bank Group, to support its borrowers who have been affected by the COVID-19 pandemic, especially small and medium enterprises (SMEs). The funds are being provided under IFC’s global […]
Kenyan bank to disburse IFC loan to SMEs affected by COVID-19
Featured image: Stock International Finance Corporation (IFC) has announced a $50 million loan to Diamond Trust Bank Kenya Limited (DTB) to support its borrowers, especially small and medium enterprises (SMEs), who have been affected by the economic challenges of COVID-19. The funds, which will be directed to Kenyan businesses across a range of sectors, are […]
DTB receives Sh5.4billion Covid-19 SME support from IFC
Diamond Trust Bank Kenya has signed an agreement for a $50million (Sh5.4billion) loan with IFC, a member of the World Bank Group. This facility will support its borrowers who have been affected by the Covid-19 pandemic, especially small and medium enterprises. The funds are being provided under IFC’s global Covid-19 facility, launched in March to […]
DTB signs agreement with IFC to support SMEs
IFC’s partnership with DTB Kenya is part of world bank strategy to help businesses in Kenya manage the impacts of Covid-19 so they that can continue providing essential goods and services and maintain jobs. Diamond Trust Bank Kenya Limited (DTB) has signed an agreement for a Sh5 billion loan with IFC to support borrowers affected […]
Nairobi Securities Exchange reviews NSE 20 share index
Nairobi securities Exchange (NSE) trading floor (BEVERLYNE MUSILI) NAIROBI, KENYA : The Nairobi Securities Exchange has reviewed the constituent counters of its NSE 20 and 25 Share Index, with effect from April 3. The review of the NSE 20 share index incorporates the inclusion of Kenya Reinsurance Corporation Limited, NIC Group Plc and Nairobi Securities […]
Report: Top 10 most attractive banks in Kenya
Cytonn Investments has listed KCB Group as the most attractive bank in Kenya in its Financial Year 2019 Banking Sector Report. This is supported by the group’s strong franchise value and intrinsic value score. The franchise score measures the broad and comprehensive business strength of a bank across 13 different metrics, while the intrinsic score […]
DTB donates Ksh. 10 million to support 2,000 vulnerable families in Mombasa
Diamond Trust Bank (DTB) has announced that it will support Ksh. 10 million programme to support 2,000 vulnerable families in Mombasa for a period of 30 days and to drill two boreholes. The programme will be carried out in collaboration with the Mombasa County Government and the County Emergency Household Relief and Nutrition Support Project […]
Report: Top 10 most attractive banks in Kenya
Cytonn Investments has listed KCB Group as the most attractive bank in Kenya in its Financial Year 2019 Banking Sector Report. This is supported by the group’s strong franchise value and intrinsic value score. The franchise score measures the broad and comprehensive business strength of a bank across 13 different metrics, while the intrinsic score […]
Diamond Trust Bank Kenya: Annual General Meeting 2020
Diamond Trust Bank Kenya Annual General Meeting (AGM) 2020 will be held on 25th June 2020.