Banking | The East African Business Mirror
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Wednesday, July 17, 2024
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Co-op Bank full year net profit down 24% on higher loan...

Co-operative Bank Group 2020 full year net profit declined by 23.8% to stand at Kshs. 10.9 billion from Kshs. 14.3 billion recorded...

Kenyan banks stable but lending frozen

Business owners looking for a bank loan in Kenya during the Covid-19 pandemic may struggle to access credit as more than 40...

CBK refuses to reverse huge penalty to banks over NYS scam

Five banks used in handling stolen National Youth Service (NYS) funds have failed to convince the Central Bank of Kenya to drop or alter...

Co-op Bank posts higher third quarter net profit

Co-operative Bank has reported an eight percent growth in net profit for the nine months ended September. The growth was boosted by higher interest income...

Bank credit growth jumps to highest in 32 months

Recently, the central bank raised its policy rate for the first time since April 2016 when it embarked on an easing cycle to stimulate...

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