Tag: Kenya Commercial Bank
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Kenyan banks leverage on mobile loans to grow profits
Kenyan banks have recorded huge profits in the first half of the year, with mobile phone products emerging as one of the driving forces...
Nairobi bourse key index hits 3,600 points, over a year high
A surge in prices of various large stocks Tuesday pushed the Nairobi Securities Exchange (NSE) 20 Share Index to cross the 3,600 point mark,...
Interest caps pile unintended pressure on Kenyan banks
A law capping interest rates continues to pile pressure on Kenyan banks, with at least three banks posting a drop in earnings in the...
Mobile banking, new frontier for Kenyan banks’ business growth
Convenience, affordable interest rates and easy access of loans have made the mobile banking platform so popular that the number of people using them...
Kenyan banks reap good returns in Tanzania and South Sudan
The bulk of subsidiaries of Kenyan banks are in Uganda, but the lenders are making more profit in Tanzania and South Sudan, a report...
