Nation Media Group SBM Bank and Kingdom Bank were charging the highest interest rates on personal loans by the end of last year, making them the most expensive banks in Kenya, according to the latest data from the Central Bank of Kenya (CBK). Read more HERE Login to join the discussion...
You're at Kenya Open an account Login Standard Chartered Logo Business Mortgage Loan is a purchase loan for your property. It can also be an opportunity for you to secure additional working capital Get In Touch Loans and Working Capital...
The new Finance Act 2023 has left the government caught between contrasting positions of a restless public opposed to higher taxes and the International Monetary Fund (IMF), which has called for enhanced revenue mobilisation in its credit arrangements with Kenya. The government is bracing for t...
Access Bank first sought to acquire Sidian Bank from Centum Investments and merge it with Access Bank Kenya, which would have raised its total assets in Kenya to Kshs. 57.1 bn. After negotiations failed in early 2023, Access Bank said that it would continue “to explore a variety of organi...
Absa Kenya has officially launched the Absa Asset Management Limited, a wholly-owned subsidiary that will offer wealth and asset management, as it eyes a piece of the lucrative KSh 1.3 Trillion industry. Absa Kenya CEO Jeremy Awori said that the new subsidiary is in line with the lender’s ...
in the form of a sustainable lending business model. Furthermore, this sustainable business model can be used as a basis for selecting sustainable strategies. In addition, the AHP results yielded alternative strategies in the form of the market development and penetration of green loans and micro,...
The range of financial institution types in rural areas is limited, the risk-sharing mechanism for agricultural loans is unsound, and cooperatives are short of collateral for loans. All of these factors have a negative impact on cooperatives’ scale of production and market management, increasing ...
Garissa +00254 46; Kakamega +00254 56; Kericho +00254 52; Kisii +00254 58; Kisumu +00254 57; Kitale +00254 54; Malindi +00254 42; Marsabit +00254 69; Meru +00254 64; Mombasa +00254 41; Nairobi +00254 20; Nakuru +00254 51; Thika +00254 67; Voi +00254 43 ...
They are still at an early growth stage serving 17,000 farmers and 2,500 retailers in Kenya – but they are being deliberate about focusing on their profitability first and on scaling up later. They have resisted opportunities to move into lots of new cities in favor of pushing down unit ...
iv. Kenya | v. b. Asia Nowadays Asia is one of the biggest goals for businesses all around the world. Asia, home to five of the 10 fastest growing economies in the world. Within five years, Asia will represent 44% of the world’s gross domestic product, 54% of the global middle cl...