Thursday, April 9, 2020
Digital Lenders Waive Late Repayment Fees for Customers
Members of the Digital Lenders Association (DLAK), which represents 17 major digital lenders in the country, have today agreed to...
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Standard Chartered to avail Ksh 50 billion COVID-19 assistance fund
Standard Chartered Group has announced that it is launching a $50 million global fund providing assistance to those affected by...
Read moreTala to offer loans without interest
Tala has announced the launch of the Ksh 605Million COVID-19 Rebuild Fund to bolster Kenyan businesses and communities. The Fund,...
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BOA Kenya receives KES 1.5 Billion capital injection to strengthen operations
In a display of confidence in the Kenyan economy and in support of its Kenyan subsidiary’s change of strategy from...
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Prudential customers to get Ksh2,500 daily if hospitalised, quarantined in a government facility
Prudential will offer its customers cash benefits in addition to what is covered by their existing policies should they be...
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Faulu pre-tax profits 68% up to hit 482 Million
Microfinance lender Faulu Kenya has posted a 68 per cent increase in profit-before-tax for the financial year ended December 31,...
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Kenyans warned to brace for tough economic times
The Central Bank of Kenya Governor Patrick Njoroge has warned Kenyans to brace for tough times ahead as the country...
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Equity Set To Launch Independent Insurance Company
Equity bank's board of directors have approved the plan to set up a conglomerate that will oversee all insurance business...
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Kenyan shilling drops to a 5 month low
The shilling was quoted at Ksh.103.85 as at close of business yesterday with the unit having traded at a Ksh.103.55...
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OPINION: How Can Providers Make Digital Credit More Profitable?
By Graham A.N. Wright- Group Managing Director, MicroSave Consulting. Many commentators have raised concerns about the interest rates charged for digital credit....
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