Impacted and receiver branches Early last year,NIC Bank merged with CBAto form NCBA Bank (a part of NCBAGroup), which is already licensed by the Central Bank of Kenya. The group has subsidiary companies in Kenya, Uganda, Tanzania, Rwanda and the Ivory Coast. RELATED NCBA Net Earnings Increa...
NCBA will list an additional 606,195,135 ordinary shares of Kenya shilling five (KSh5) each over the next five years. In an electronic AGM held on July 24, shareholders also allowed the board of directors to take actions related to the allotment and issue of the new ordinary shares. In ...
“Being one of the youngest of our branches the positive reception we have received from the community has been fantastic.” On his part, the lender’s director of strategy Louisa Wandabwa noted that the fast-growing nature of Ruaka town has elevated it to a hub of investments and developme...
limits for the Uganda Shillings, United States Dollar, Euro, GBP, and the Kenya Shillings as provided for under Section 4.3 of the Clearing House Rules and Procedures. In line with the provisions of Section 4.3 (b) of the Uganda clearinghouse rules and procedures, the Bank of Uganda ...
ncba_client.credit_transfer(bank_code:'',# Bank Code (For ALL MWallets use 99), (For MPesa use 16 if RTGS), (For Pesalink 404)bank_swift_code:'',branch_code:'',# Branch code ( For ALL Mwallets use 002 )beneficiary_account_name:'',country:'Kenya',# Kenya, Uganda, Tanzania (...
The merged bank, NCBA, has risen to rank as the fourth largest in terms of absolute profits after overtaking DTB Group and the local branches of Standard Chartered Bank and Barclays Bank. NCBA reported a total net profit of Sh7.7 billion in the nine months ended September. This represented ...