Tuesday, December 1, 2020
20 out of 56 licensed insurers in Kenya fail capital test
A third of insurance companies in Kenya failed to comply with capital requirements introduced in July prompting the regulator to...
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Tom Gitogo offloads his shares in CIC Insurance
Tom Gitogo - former CIC Insurance CEO The former chief executive officer (CEO) Tom Gitogo has sold 11 million shares....
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KCB appoints new Director of Marketing and Communications
Kenya Commercial Bank Group has appointed Wanyi Mwaura as the new director of marketing and communications in an acting capacity....
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UAP Old Mutual makes changes to its executive
Financial services firm UAP Old Mutual Group has made key appointments to its executive suite by naming Mr. Arnold Dippenaar...
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Equity Bank customers money go missing in accounts
Equity bank customers are crying after their money was frozen from their bank accounts. The bank which is also the...
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I&M ranked the strongest bank in Kenya
Cytonn Investments has today released its H1’2020 Banking Sector Report, which ranks I&M Holdings as the most attractive bank in...
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NCBA & Toyota Kenya ink 95% Asset Financing Deal
With the emphasis placed on getting the country’s economy back-on-track during this Covid-19 pandemic, the availability of finance to vital...
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KCB Pays Out Funds to Imperial Bank Depositors
KCB Bank Kenya Limited has commenced payment of funds to remaining eligible depositors of Imperial Bank Limited (in receivership) (IBLIR)...
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CBK declaration rescue many Kenyans with unpaid loans
The Central Bank of Kenya ordered banks and loaning institutions to seek it's approval before declaring dividends on their current...
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Absa Bank lost 1.7 billion in rebranding from Barclays
The change of Name from Barclays Bank to Absa Bank Kenya has led to an 85percent decline in profits for...
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