NCBA Bank to open new branches in expansion drive
NCBA Group will spend close to Sh200 million as capital expenditure in opening new branches as part of local expansion.
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NCBA Group will spend close to Sh200 million as capital expenditure in opening new branches as part of local expansion.
NCBA Group will this month increase lending rates in the wake of a rise in the benchmark lending rate.
The nine Kenyan banks listed on the NSE retained a record Sh105.3 billion of the profits they made in the year ended December despite declaring all-time high dividend distributions to shareholders.
Kenyan lender injects Sh2bn into the ailing subsidiary to boost its operations.
The move is part of efforts by the lender to shore up its regional retail banking business.