DTB branch (PHOTO: Courtesy) Diamond Trust Bank (DTB) has joined the growing list of lenders that have issued a profit warning for the 2020 financial year. The lender joins Absa and Standard Chartered banks that have issued profit warnings for the year in the wake of growing bad debts and rescheduled loans arising from the […]
A display of listed equities at the NSE. PHOTO | CITIZEN DIGITAL The Nairobi Securities Exchange (NSE) will be hoping for a lift in 2021 with trading resuming for the New Year on Monday. Among key remedial measures sought will be the lure of foreign investors whose exodus in 2020 caved a hole in the […]
Two adjacent offices of KCB in Kigali. KCB is one of the main Kenyan banks operating in Rwanda. PHOTO | CYRIL NDEGEYA Rwanda offers a fertile hunting ground for Kenyan banks seeking to maximise their earnings in the East African region. Central Bank of Kenya (CBK) data shows the Rwandan banking market offers the highest […]
Rwanda offers a fertile hunting ground for Kenyan banks seeking to maximise their earnings in the East African region. Central Bank of Kenya (CBK) data shows the Rwandan banking market offers the highest earnings capacity for Kenyan lenders despite having fewer regional banking subsidiaries compared with Uganda and Tanzania. The bank’s Supervision Annual Report (2019) […]
Rwanda offers a fertile hunting ground for Kenyan banks seeking to maximise their earnings in the East African region. Central Bank of Kenya (CBK) data shows the Rwandan banking market offers the highest earnings capacity for Kenyan lenders despite having fewer regional banking subsidiaries compared with Uganda and Tanzania. The bank’s Supervision Annual Report (2019) […]
Industry leaders are cautiously optimistic about next year prospects, with 2020 Covid-19 economic disruptions having left their trays with unmet targets. From banking to insurance and horticulture to investment and aviation, the captains of the industries say the year started well but produced unprecedented packet of challenges they wish to forget. While they look forward […]
Lenders started the year with a lot of optimism, with banking sector analysts projecting better returns on repealed interest cap law. Almost all tier-one banks reported improved net earnings for the first quarter ended March 2020, with KCB Group for instance recording eight per cent growth to Sh6.3 billion compared to Sh5.8 billion same period […]
Nairobi Securities Exchange (NSE) foreign investors withdrew a record Sh29.01 billion in 2020, highlighting the extent of Covid-19 induced economic disruptions that saw investors dump equities. The foreigners, who make up about 70 percent of daily trading at the NSE, turned net sellers for all the months except January, August and September as they cut […]
All News Coronavirus Energy Latest news Space ReportsnReports added Kenya Payments Landscape Market Research Report created by Report Consultant, which offers detailed insights, revenue details, and other information regarding the global market, and the various trends, drivers, restraints, opportunities, and market till 2028. Kenya Payments Landscape Market […] ReportsnReports added Kenya Payments Landscape Market Research […]
Lenders started the year with a lot of optimism, with banking sector analysts projecting better returns on repealed interest cap law. Almost all tier-one banks reported improved net earnings for the first quarter ended March 2020, with KCB Group for instance recording eight per cent growth to Sh6.3 billion compared to Sh5.8 billion same period […]
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