Navigating Kenya’s loan market: The best banks for low-interest rates
Borrowers in Kenya seeking the best deals on loans can find significant differences in interest rates across various banks, according ...
Monday, October 7, 2024
Tag: Banks
Kenya’s Microfinance Banks report record KES 2.4 billion pre-tax loss in 2023
Kenya’s Microfinance Banks (MFBs) reported a combined pre-tax loss of KES 2.4 billion as of December 31, 2023, deepening from the ...
Key ratios to check before investing in bank stocks
Following the release of attractive financial results and dividends announcement in the Kenyan banking sector, investors have rushed to get ...
Listed lenders distribute 48.9% of NSE dividends in 2023
Kenyan listed banks distributed KES 66.4bn in dividends for 2023, equating to a substantial 48.9 per cent of the total ...
Embracing Sustainable Finance is a moral obligation and strategic imperative for commercial banks
By Abdi Mohamed More than ever before, now is an opportune time to take bold steps required to address and ...
Banks grapple with lending risks amid non-performing loans surge
The latest Cytonn report that tracks the performance of Kenya banks reinforces a marked increase in Non-Performing Loans (NPL) during ...
Q3 2023 bank results signal hope for private sector credit
In a robust economy, the ability of a nation's private sector to access and employ credit for income generation is ...
Concerns raised over new law compelling banks to file tax every 5 days
The Finance Act 2023 has ushered in a new law with far-reaching implications for firms operating in high-risk tax underreporting ...
Kenya’s banking sector defies economic woes, records impressive growth
Kenya's economy has been under stress from high inflation amid a spike in the cost of basic commodities, especially food, ...
Report: Kenya banks resilient but face rising risks
Kenya's banking sector remains stable with enough capital and liquidity to withstand shocks, but risks are rising rapidly from global ...
