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DTB full-year profit down 53 per cent to Ksh.3.2 billion
By Kepha Muiruri, 1737, March 26, 2021 (EAT)
The Diamond Trust Bank (DTB) has announced a 52.9 per cent decline in full-year profit covering the period ending December 2020 with earnings falling ...

Diamond Trust Bank (DTB)
DTB to close six branches by end of October 2021
By Kepha Muiruri, 1546, February 19, 2021 (EAT)
Tier I lender Diamond Trust Bank (DTB) is expected to shut six branches by the end of October as part of efforts to consolidate its physical footprint...

DTB
From 64 branches to just 5: Retailer Tuskys nears its last breath
By Kepha Muiruri, 1835, January 25, 2021 (EAT)
Troubled retailer Tuskys is nearing its last breath with its branch count having fallen to just five from a high of 64 in a little over 12 months. ...

liquidation , nakumatt , Tuskys
Co-op joins queue of banks expecting significant profit hits
By Kepha Muiruri, 1543, January 8, 2021 (EAT)
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...

Co-operative Bank of Kenya , profit warnings
NSE seeks lift from 2020 bear run as trading resumes
By Kepha Muiruri, 1744, January 4, 2021 (EAT)
The Nairobi Securities Exchange (NSE) will be hoping for a lift in 2021 with trading resuming for the New Year on Monday. Among key remedial measur...

bulls & bears , COVID-19 , Nairobi Securities Exchange (NSE)
I&M shareholders approve buyout of Ugandan bank
By Kepha Muiruri, 846, December 8, 2020 (EAT)
I&M Holdings Plc has obtained shareholders’ approval to acquire a 90 per cent controlling stake in Orient Bank Limited, Uganda. The nod suppo...

I&M bank
DTB nine months profit down 28.6 per cent on higher loans default cover
By Kepha Muiruri, 914, November 26, 2020 (EAT)
Diamond Trust Bank (DTB) has announced a 28.6 per cent profit dip to Ksh.4 billion in nine months of operations to September 30. The earnings slide...

Diamond Trust Bank (DTB)
Tuskys discloses Ksh.2.8 billion Equity, DTB debt
By Kepha Muiruri, 1036, October 26, 2020 (EAT)
Tuskys will be at task to repay Ksh.2.8 billion in credit extended to it by Equity Bank and Diamond Trust Bank (DTB) as it seeks to turn around its fo...

Tuskys
e-conference for leading women in banking, finance to promote gender diversity in leadership
By Rachel Ombaka, 2256, September 3, 2020 (EAT)
The Kenya Bankers Association (KBA) is set to convene the Africa Regional e-Conference for Leading Women in Banking and Finance from 15-16, October, 2...

andia chakava , Graca Machel Trust , Kenya Bankers Association , New Faces New Voices
DTB half-year profit drops by 39 per cent to Ksh.2.4 billion
By Kepha Muiruri, 1816, August 26, 2020 (EAT)
The Diamond Trust Bank (DTB) has reported a 39 per cent decline in its half-year profit to Ksh.2.4 billion from Ksh.3.9 billion last year. The sign...

Diamond Trust Bank (DTB)
Commercial banks stock of bad loans rise to a 13.1 percent high
By Kepha Muiruri, 1519, May 25, 2020 (EAT)
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. ...

Central Bank of Kenya (CBK) , Kenya Bankers Association (KBA) , non-performing loans
Five banks fined Ksh.385 million over NYS scandal
By Kepha Muiruri, 2128, March 5, 2020 (EAT)
Five local banks will pay a total of Ksh.385 million as penalties for their respective violation of the various provisions of anti-money laundering la...

AML/CFT , NYS II , ODPP
NSE bets on incubator graduates to sprout new listings
By Kepha Muiruri, 1919, February 19, 2020 (EAT)
The Nairobi Securities Exchange (NSE) has tipped its incubator program to build the exchange’s first listings ending a three-year barren run. NSE...

Geoffrey Odundo , Nairobi Securities Exchange (NSE)
Top 10 Kenyan companies whose high performance links to gender equality
By Rachel Ombaka, 1312, November 13, 2019 (EAT)
Ten top Kenyan companies have been ranked among global firms that achieved higher returns due to their focus on gender equality, according to a study ...

Equileap , ICPD25 , Press Freedom , Samiksha Koirala
Bank mergers out do acquisitions in profitability
By Kepha Muiruri, 1854, October 8, 2019 (EAT)
The consolidation of banks through mergers has emerged as a more profitable venture in comparison to acquisitions, fresh data from the Central Bank of...

Central Bank of Kenya (CBK) , mergers and acquisitions
Woman in court for alleged robbery of Ksh.1M cash
By Sophie Njagi, 2155, June 25, 2019 (EAT)
A woman was on Tuesday arraigned in a Nairobi court for allegedly robbing another woman of items and cash worth a combined Ksh.1,140,000. Emma Njer...

Magistrate M. Nanzushi , Nairobi Court
5 banks roll out cheap SME loans at 9% rate
By Kepha Muiruri, 2055, May 20, 2019 (EAT)
Proprietors of small enterprises across the country can heave a sign of relief as five tier one lenders move to pilot lending on a Central Bank Rate, ...

Central Bank Governor (CBK) Patrick Njoroge , Central Bank of Kenya , interest rate capping , SME lending , Stawi
DTB’s full year profit grows to Ksh. 6.7 billion
By Kepha Muiruri, 2006, March 20, 2019 (EAT)
Diamond Trust Bank (DTB) has announced a 4 percent growth in profits after taxation for the period ending December 31, 2018 from the Ksh.6.4 billion r...

DTB Bank , Nasim Devji
Diamond Trust Bank aiding terrorism – DPP Haji
By Benjamin Muriuki, 1645, February 25, 2019 (EAT)
The Director of Public Prosecutions (DPP) Noordin Haji says investigations are underway on Diamond Trust Bank (DTB) over suspicious transactions that ...

14 Riverside , diamond trust bank , DPP
Kenyans fault Huduma Namba plan over Mastercard links
By Allan Irungu, 1459, February 20, 2019 (EAT)
A section of Kenyan lawyers are questioning the Government's motive behind the newly launched Huduma Namba exercise. According to them, data on Ken...

Huduma Namba , National Integrated Identity Management System , NIIMS