KCB Group names Paul Russo to replace long-serving CEO Joshua Oigara
He takes over at the second-biggest lender by assets from the long-serving boss Joshua Oigara whose term expires in December.
Source: theeastafrican.co.ke
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KCB turns Sh3bn National Bank loan into equity
KCB Group has converted a Sh3.45 billion long-term loan it had given to NBK last year into equity, helping the subsidiary meet its core capital ratios after years of default.
Source: businessdailyafrica.com
KCB adds 1,013 staff after purchase of Rwandan lender
KCB Group added 1,013 employees to its payroll last year following its acquisition of a controlling 62.06 percent stake in Banque Populaire du Rwanda Plc (BPR).
Source: businessdailyafrica.com
Oigara: Risk-based lending will unlock credit to SMEs
KCB is the second tier-one bank to disclose that it is preparing to return to pricing loans based on the perceived risk of default for individual borrowers.
Source: businessdailyafrica.com
KCB quietly extends CEO Oigara's contract by one year
KCB Group has quietly extended the term of Chief Executive Officer Joshua Oigara by a year as it continues the search for a successor to the long-serving leader ahead of December.
Source: businessdailyafrica.com