Rubis Gigiri, Nairobi. FILE PHOTO | NMG It is normal for a company to tweak its brand to drive business and reinvigorate presence. Companies may want to develop new logos, marketing materials as well as names to rejuvenate interest from consumers, employees and investors, as well as stay ahead of competitors. Recent rebrands in Kenya […]
Rubis Gigiri, Nairobi. FILE PHOTO | NMG It is normal for a company to tweak its brand to drive business and reinvigorate presence. Companies may want to develop new logos, marketing materials as well as names to rejuvenate interest from consumers, employees and investors, as well as stay ahead of competitors. Recent rebrands in Kenya […]
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) […]
For six months, Kenyan banks have been like Atlas- the god in Greek mythology who carried the world on his shoulders. They have strenuously held aloft an ailing economy, forestalling what would otherwise have been a financial meltdown. But now, just as the late American writer Ayn Rand put it that “Atlas shrugged,” banks too […]
Dar es Salaam — The wave of merges is persisting in the Tanzanian banking sector which experts say needs to consolidate for growth and better services delivery. The banking sector is generally profitable. But some banks have been merging for business reasons – and others? To meet the industry’s regulatory minimum capital requirement. The latest […]
Dar es Salaam — Another first-tier bank could be in the making in Tanzania if an agreement by KCB Bank and BancABC gets all the relevant regulatory approvals, The Citizen has learnt. BancABC is part of Atlas Mara. Atlas Mara Limited, ABC Holding Limited and KCB Group Plc announce yesterday that they have signed a […]
CBK Governor Patrick Njoroge. FILE PHOTO | NMG Kenya’s tier-one banks increased their provisioning for bad loans by Sh50 billion in the nine months to September 2020, reflecting the rise in non-performing loans in key sectors due to the Covid-19 pandemic. The large banks, which control 73 per cent of the sector’s total loans, set […]
The fall in the shares of the companies could be attributed to a fall in demand as foreign investors withheld their money, while others sold off their share to either keep cash or reinvest in their home countries and other markets considered safer. The market value of the companies listed on the Uganda Securities Exchange […]
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