Banks loan rate jumps to two-year high on demand
The latest data by CBK shows the lending rate hit 12.17 percent in February –the highest since February 2020 when it stood at 12.19 percent.
Source: businessdailyafrica.com
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NCBA eyes 12 more branches this year
NCBA Group has opened a branch in Bungoma town in its expansion drive aimed at taking services closer to customers.
Source: standardmedia.co.ke
NCBA Group profit more than doubles to Sh6.5 billion
NCBA Group grew its profit for the nine months to September by 2.6 times to race past its 2020 full-year profits on the back of increased income.
Source: standardmedia.co.ke
NCBA Group profit more than doubles to Sh6.5 billion
NCBA Group grew its profit for the nine months to September by 2.6 times to race past its 2020 full-year profits on the back of increased income.
Source: standardmedia.co.ke
NCBA Group bucks trend with six new branches
NCBA Group plans to open new branches, raising its count from 78 branches to 84 by year-end, bucking a trend of banking hall closures as lenders shift to digital platforms.
Source: businessdailyafrica.com