Tag: KCB Group
KCB to acquire DRC lender Trust Merchant Bank
KCB Bank has entered into a definitive agreement with shareholders of TMB to acquire a majority stake in the Democratic Republic of...
KCB completes acquisition of Rwandan Lender
KCB Group has completed the acquisition of Banque Populaire du Rwanda Plc (BPR) from Atlas Mara Mauritius Limited and Arise B.V.
KCB 2020FY profit down 22pc
KCB Group has reported a net profit of Ksh.19.6 billion for the full year ending December 2020, a 22 percent decline from...
KCB, Atlas Mara ink deal for Rwanda, Tanzania banking businesses
KCB Group and Atlas Mara have signed a definitive agreement that will see East Africa’s biggest bank by assets increase its footprint...
KCB obtains Ksh. 16.3 billion from IFC for SMEs Lending, Climate...
KCB Bank Kenya is set to receive Ksh. 16.3 billion (US$150 million), from the International Finance Corporation (IFC) to scale-up lending to...
KCB half-year net profit drops by Ksh. 5.2 billion
The country’s largest bank in terms of assets, KCB Group registered a net profit of Ksh. 7.5 billion in the first six...
KCB Group dispenses Ksh.2.12 B dividend payout to Treasury
KCB Group Plc has disbursed Kshs. 2.12 billion in dividend earnings to the Government of Kenya for the year ending December 2019,...
KCB to cushion borrowers from virus-related delays
Kenya’s top lender by assets, KCB Group, will seek to cushion customers from the effects of supply chain disruption, it said on...
KCB full year 2019 after tax profit up 5%
KCB Group has delivered improved profitability and higher returns for the full year ended December 2019, posting a 5% jump in profit...
Nigerian lender Access Bank to fund Transnational Bank
Lagos
based lender Access Bank has announced plans to inject an undisclosed amount of
capital into its recently assimilated loss making Kenyan subsidiary Transnational
Bank.
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