Kenya Power, the state-owned power distributor, has borrowed a loan worth KSh 6.750 Billion from NCBA, pushing the bank to the biggest local lender to the state firm. NCBA provided this 12-year loan on October 9th 2020, at an interest rate of 12% with a repayment date of 3rd October ...
One of NCBA Group’s main competitive advantages is its outsized strength in digital banking, particularly its market-leading M-Shwari and Fuliza mobile banking products. NCBA Group’s impaired loan ratio rose to 16.2% at the end first six months of 2021 compared to 11.5% in the first half...