Yes, Stanbic pulled in a hefty Shs478b in profit, but its challengers - Absa, Baroda, and dfcu - are no longer just ...

President Ruto faults IMF and World Bank governance, says current structure favours wealthy countries, calls for reforms to ...

Equity Bank and Kenya Commercial Bank (KCB) have been directed to sell at least 30 percent each in their subsidiaries in the Democratic Republic of Congo (DRC). DRC’s Central Bank, Banque Centrale du ...

WASHINGTON, April 22 (Reuters) - Given big cuts in development aid by Europe and the United States, think tanks and other groups are urging the World Bank to reduce the equity-to-lending ratio of ...

Trading at a P/E ratio of 11.67, the bank’s stock has seen a year-to-date decline of 11.28%, potentially presenting an opportunity for value investors. In addition to the Equity Plan amendments ...

The bank rated BBB+ by Fitch, outlook stable, launched the sukuk on Wednesday having mandated banks on Tuesday, with initial price thoughts of T+165 bps. But the spread settled at 5Y UST + 130bps, ...

First Financial Bank will host a book drive in Franklin next month. The bank and its associates will host a book drive at the bank’s location in Franklin, 50 Branigin Road — which bank ...

WASHINGTON (Reuters) -Given big cuts in development aid by Europe and the United States, think tanks and other groups are urging the World Bank to reduce the equity-to-lending ratio of its main ...

The equity funds will ... medium-enterprise loan books. Gross non-performing assets stood at 1.28 per cent, compared with an estimate of 1.51 per cent. Shares of Axis Bank have risen 13 per ...

The bank’s micro loan book stood at Rs 32,564 crore as on December end, constituting 9 per cent of overall advances. “As a part of the process of finalization of accounts, the Bank’s ...