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Network International (Network), a leading enabler of digital commerce across the Middle East and Africa (MEA) region, has launched innovative in-person payment solutions in Kenya, as part of its plans to transform payment across Africa.
“Launching our point-of-sale solutions is part of our strategy to enter the in-person payments market in Kenya. As a...
I&M Group posted a 24 percent rise in net profit to Sh19.8 billion for the year ending December 31, 2025, driven by strong performance across its Kenyan and regional subsidiaries.
Total revenue grew by 19 percent to Sh60.3 billion, supported by a 16 percent increase in net interest income to...
Sidian Bank has appointed John Okulo as its new Managing Director and Chief Executive Officer, effective May 1, 2026.
Okulo joins from KCB Bank Kenya, where he currently serves as Director of Corporate Banking, overseeing strategic client relationships, financial performance, and risk frameworks.
He will replace Chege Thumbi, who is set...
KCB Bank Kenya has secured Sh12.5 billion from the Green Climate Fund (GCF) to support green projects owned by Micro, Small and Medium Enterprises (MSMEs) and farmers.
The blended finance initiative, comprising concessional lending, a guarantee, and a grant, will fund value-chain and gender-inclusive interventions. These include adoption of solar-powered and clean cooking technologies,...
KCB Bank Kenya has appointed Peter Kipkorir Ng’eno as new Director of Corporate Banking, effective March 27, 2026, following the departure of John Okulo.
Ng’eno, whose appointment is subject to regulatory approval, previously served as Executive Head of Client Coverage and Business Development in the Corporate Banking Division since February 2022.
The Nairobi Securities Exchange (NSE) has posted a profit after tax of Sh272.2 million for the full year ending December 31, 2025, marking a 134 percent increase from a similar period in 2024.
The bourse attributed the growth to increased trading activity across both equities and fixed-income markets.
Equity market turnover...
SBM Bank Kenya has launched the Busara Banking App, a new platform designed to help children learn saving, spending and financial responsibility.
The app allows parents to assign chores and link them to rewards or allowances, helping children earn and manage money in a supervised setting.
CEO Bhartesh Shah said the...
Standard Chartered Kenya posted a 38 percent decline to Sh12.4 billion in profit after tax for the full year ending December 31, 2025, weighed down by declining net interest and non-interest incomes.
During a similar period last year, the lender announced a Sh20.1 billion.
While net interest income fell 13 percent...
Equity Group Holdings posted a 55 percent jump in profit after tax to Sh75.5 billion for the year ended December 31, 2025, driven by strong performance across its local and regional subsidiaries.
The lender had reported a net profit of Sh48.8 billion during a similar period in 2024.
Equity Bank Kenya...
Co-operative Bank of Kenya has raised its dividend per share by 67 percent to Sh2.50 for the year ended December 31, 2025, following a strong rise in profitability.
The lender’s profit after tax grew by Sh5.9 billion to Sh39.9 billion during the period, up from the previous year.
Shareholders will receive...
Stanbic Holdings has raised its dividend by 7.3 percent to Sh22.35 per share after posting a net profit of Sh13.7 billion for the year ended December 31, 2025.
The payout is up from Sh20.83 per share issued the previous year, as the lender maintained profitability despite declining interest rates during the period.
