stanchart sc shilingi fund Lender Standard Chartered Bank Kenya has released SC Shilingi Funds. According to the bank, this is a a low-ticket money markets fund proposition. The project has been completed by Stanchart alongside Sanlam Investments East Africa Ltd (Sanlam). SC Shilingi funds is now baked into the SC Mobile app. Interested customers can […]
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. […]
KEY POINTS The market is currently trading at a price-to-earnings ratio (P/E) of 11.4x, 11.6 percent below the historical average of 12.9x, and a dividend yield of 3.5 percent, 0.5 percentage points below the historical average of 4.0 percent. During the week, the equities market recorded mixed performance, with NASI gaining by 0.6 percent, while […]
An Airtel shop in Nairobi. Photo/Business Daily Kenya’s second-largest telco Airtel Kenya is broke and surviving on a series of shareholder loans from its parent company Bharti Airtel Kenya BV. According to the firm’s latest financial filings, loans from its holding firm, most of which it is unable to service, increased to Sh. 52.2 billion […]
Airtel Kenya is surviving on a series of shareholder loans from its parent company, most of which it is unable to service, its financial filings show. Kenya’s second-biggest telco has revealed that the shareholder loans from its holding firm Bharti Airtel Kenya BV shot up to Ksh52.2 billion ($460.9 million) in the year ended December […]
An Airtel shop. Airtel Kenya is surviving on a series of shareholder loans from its parent company, records show. PHOTO | FILE | NMG Kenya’s second-biggest telco has revealed that the shareholder loans from its holding firm Bharti Airtel Kenya BV shot up in the year ended December 2020. These shareholder funds, Airtel said, are […]
Airtel Kenya is surviving on a series of shareholder loans from its parent company most of which it is unable to service, its financial filings show. Kenya’s second-biggest telco has revealed that the shareholder loans from its holding firm Bharti Airtel Kenya BV shot up to Sh52.2 billion in the year ended December 2020 from […]
National Bank of Kenya (NBK) #ticker:NBK is set to be delisted from the Nairobi Securities Exchange on Thursday following its acquisition by KCB Group #ticker:KCB through a share swap. NBK’s shares had already been suspended from trading ahead of the transaction, with the delisting marking the lender’s formal exit from the bourse which will now […]
NAIROBI, Kenya, Dec 1 – Standard Chartered Bank has been feted at the CIO Africa 100 Awards with the bank emerging winner in the Banking Sector Award category. The bank was recognized for its exemplary performance in the sector with a highlight on its digital innovation and leadership which included creating competitive advantage in the […]
National Bank of Kenya (NBK) is set to be delisted from the Nairobi Securities Exchange on Thursday following its acquisition by KCB Group through a share swap. NBK’s shares had already been suspended from trading ahead of the transaction, with the delisting marking the lender’s formal exit from the bourse which will now be left […]
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