The Co-operative Bank of Kenya has become the sixth lender to issue a profit warning on expected 2020 earnings. In a notice to shareholders on Frid...
Banks earnings continue to take a beating from economic disruptions occasioned by the COVID-19 pandemic. This however is merely a secondary concern fo...
The Co-operative Bank of Kenya has announced an 11.1 per cent profit dip to Ksh.9.8 billion in nine months of operations to September 30, 2020. The...
Detectives from the Directorate of Criminal Investigations (DCI) have arrested two robbery-with-violence suspects in Imara Daima, Nairobi. The two,...
The Kirinyaga County Government is set to spend Ksh.140 million on a facelift of Kerugoya Kutus Municipality which hosts the county headquarters. T...
Foreign investors ended the month of August with a Ksh.195 million net buying position of stocks at the Nairobi Securities Exchange (NSE) ending a sev...
Jamii Bora Bank (JBB) has been renamed Kingdom Bank following its acquisition by the Co-operative Bank of Kenya. The buyout which became effective ...
Growing borrowers risk profiles and loan defaults have thrown bank earnings off the trail as lenders continue to provision billions towards expected c...
The Co-operative Bank of Kenya has announced a four percent decline in profit after tax through the first six months of the year to Ksh.7.2 billion. ...
The Central Bank of Kenya (CBK) has given the nod for the acquisition of Jamii Bora Bank (JBB) by the Cooperative Bank of Kenya. The acquisition is...
The Ethics and Anti-Corruption Commission (EACC) is probing allegations of misappropriation and embezzlement of public funds against a deputy director...
The stocks of Safaricom and the East African Breweries Limited (EABL) have led the rebound witnessed at the Nairobi Securities Exchange (NSE) from the...
A new study has revealed that the current COVID-19 pandemic is pushing consumers to digitally interact with their banks, with banking institutions foc...
The shareholders of Jamii Bora bank has approved the acquisition of the lender’s majority stake by the Co-operative Bank of Kenya in meeting held We...
The quality of assets inside Kenyan banks has continued to deteriorate this year with the stock of bad loans held surging to 13.1 percent in April. ...
The Co-operative Bank of Kenya has announced a a flat growth in profit after tax for the first three months of 2020 at Ksh.3.6 billion. Profit in t...
A 55-year-old man collapsed and died on the Mwingi-Garissa road on Sunday. Justus Kavindu is said to have been walking towards Garissa stage with h...
The Co-operative Bank of Kenya has injected Ksh.100 million to the Covid-19 emergency fund as part of the lender's efforts to support the containment ...
The Co-operative Bank has posted a 12.6 per cent growth in profit after tax to Ksh.14.3 billion for the year ending on December 31, 2019 on the back o...
The Co-operative Bank of Kenya has expressed interest in acquiring Jamii Bora’s 100 per cent issued share capital in a transaction which is now subj...