KCB has regional operations in six countries including Tanzania, South Sudan, Rwanda, Uganda, Burundi and the Democratic Republic of Congo (DRC). Its loan book grew to Sh1.04 trillion in the nine months to September 30 2023 from Sh758.81 billion in the same period the pre...
“Nowadays, corporate clients are increasingly agile, have greater access to information and face constant digital transformations that lead them to seek more-sophisticated financial partners with the best value offers,” Arrastía Uribe says. “This includes a much greater speed in responding to their...
The bank spent $95 million (Sh10.4 billion) last year to buy a 66.5 percent stake in DRC’s Banque Commerciale Du Congo. KCB #ticker:KCB reduced its dividend payout by Sh7.8 billion and has proposed a payout of Sh3.2 billion or Sh1 per share, down from Sh11 billion or ...
NAIROBI, March 30 (Xinhua) -- Kenyan largest banks have overcome a controlled interest rate environment to make billions of shillings in profits for the third year in a row as they eye Ethiopian, Somalia and Democratic Republic of Congo (DRC) markets. At least seven banks have so far rele...
Some Kenyan banks have also expanded beyond the East Africa Community boundaries and ventured into countries such as the Democratic Republic of Congo (DRC), Malawi, Mauritius, and Botswana. For instance, I&M Bank Kenya holds 50 per cent shares in Bank One Limited in Mauritius, Equity Group ha...
The banks have, however, spread to Malawi, Botswana, the Democratic Republic of Congo (DRC) and Burundi, markets that initially looked distant when South Sudan was promising. "Equity Bank scaled up its operations in Congo DRC in 2007 from 31 to 39 branches. The bank has 79 percent ownership...
Finally, the Congolese foreign trade bank (BCCE = B9), the Congolese FSB (B7), and finally the STANBIC (B6) are high-risk banks. Our study shows that the supervisor Multi-method provides a consistent procedure in assessing the performance and risk of Congolese Banks.Z. K. Wanduma...
How Fayemi can retool Governors’ Forum(Opens in a new browser tab) African leaders present were Presidents Paul Kagame of Rwanda, Macky Sall of Senegal, Felix Tshisekedi of Congo DRC and Ugandan Prime Minister, Ruhakana Rugunda . Osinbajo said that African schools should not only teach science...
NAIROBI, March 30 (Xinhua) -- Kenyan largest banks have overcome a controlled interest rate environment to make billions of shillings in profits for the third year in a row as they eye Ethiopian, Somalia and Democratic Republic of Congo (DRC) markets. ...
Kenyan bank KCB battles to secure Congo investment amid unrest KCB has shut 15 branches in the DRC as clashes between M23 rebels and government forces escalate, raising concerns over revenue growth and dividend co... Prosperity Paradox Toxic spill tests Zambia-China partnership Environmental di...