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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...
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KCB to keep National Bank of Kenya running as a separate brand
By Kepha Muiruri,
1235, October 7, 2019 (EAT)
The KCB Group is expected to keep the National Bank of Kenya (NBK) brand running on the side as a distinct brand over the long-term. The lender who...
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Uchumi granted 30 days to engage banks over Ksh.2.8 billion debt
By Kepha Muiruri,
1056, September 30, 2019 (EAT)
The High Court Commercial and Tax Division has granted Uchumi an additional 30 days to engage banks over the settlement of outstanding loans advanced ...
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KCB takes over management of Mumias Sugar
By Kepha Muiruri,
2125, September 24, 2019 (EAT)
KCB Group has placed the Mumias Sugar Company under receivership following the execution of a lenders agreement deed dating back to September of 2010....
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Polack keeps faith Gor can overturn Alger defeat
By Geoffrey Mwamburi,
1718, September 23, 2019 (EAT)
Gor Mahia FC head coach Steven Polack believes his team still has a chance of overturning first leg 4-1 loss to USM Alger in the CAF Champions League ...
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Outgoing NBK boss Wilfred Musau survives the axe as CBK approves Russo
By Duncan Mutwiri,
1617, September 20, 2019 (EAT)
Wilfred Musau, the outgoing MD National Bank of Kenya, is set to take on a new role at the Kenya Commercial Bank. In a statement released on Friday...
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Rising Stars in camp ahead of Wednesday’s Uganda trip
By John Kyanda,
1755, September 16, 2019 (EAT)
The national U-20 team resumed training on Sunday in readiness for the upcoming CECAFA Championships, set to be played in Uganda between September 21 ...
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Dominant KCB on brink of Series title
By Isaac Swila,
1636, September 7, 2019 (EAT)
Giants KCB RFC are a heartbeat away from winning the 2019 National Sevens Circuit after sailing to the last eight of the Driftwood Sevens in style on ...
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Fate of National Bank of Kenya sealed as KCB gets takeover nod
By Kepha Muiruri,
1328, September 6, 2019 (EAT)
Kenya Commercial Bank has obtained approval from the Capital Markets Authority to take up National Bank of Kenya. This ends the lacklustre operatio...
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Consolidated Bank bond holders agree to revised payment date
By Kepha Muiruri,
1543, September 5, 2019 (EAT)
Consolidated Bank bond holders have voted to side with the lender’s pushed repayment of their Ksh.1.6 billion, seven-year held maturing notes plus i...
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Series leaders KCB drawn in Group A for Driftwood Sevens
By Kenerickson Njeru,
1626, September 3, 2019 (EAT)
Christie Sevens champions KCB RFC has been drawn in Pool A of the last and sixth leg of the National Sevens Circuit to be played this weekend at the M...
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KCB names HR guru Paul Russo as designate NBK boss
By Kepha Muiruri,
1206, September 3, 2019 (EAT)
KCB has named its Director of Regional Businesses Paul Russo as the designate Managing Director of the National Bank of Kenya (NBK). Russo is set t...
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CBK approves KCB’s acquisition of National Bank of Kenya
By Kepha Muiruri,
1913, September 2, 2019 (EAT)
The Central Bank of Kenya (CBK) has approved the 100 percent share capital acquisition of the National Bank of Kenya (NBK) by the KCB Group. The re...
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KCB trims payout to Imperial Bank depositors after revised offer
By Kepha Muiruri,
1215, August 31, 2019 (EAT)
KCB Group has trimmed its final payout to deposits held under the Imperial Bank Limited in Receivership (IBLIR) by Ksh.6.5 billion in a revision of it...
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Veteran Frank Tundo makes resurgence
By Citizen Reporter,
1451, August 27, 2019 (EAT)
One of the few active Safari stalwarts of the 1970s and 80s is back on the driving seat and will among the over 25 drivers enlisted for the weekend's ...
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KPL Countdown: Reinforced KCB aim higher as new season beckons
By Jacob Icia,
923, August 27, 2019 (EAT)
Analysis, Jacob Icia Since 1994 when KCB Football Club was founded, their chart-flow in terms of performance at different levels has remained as in...
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SWILA: Kimanzi has his work cut out, but player call ups must be above board
By Isaac Swila,
2223, September 12, 2019 (EAT)
Isaac Swila Early this week Football Kenya Federation President Nick Mwendwa officially unveiled the Dutch trained tactician Francis Kimanzi and form...
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Co-op Bank’s business mix pushes half-year profit to Ksh.7.5B
By Kepha Muiruri,
1837, August 22, 2019 (EAT)
The Cooperative Group has announced a 5.6 percent jump in half-year earnings to Ksh.7.5 billion. The marginal rise in net profit which keeps touch ...
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KCB unveil ‘Zico’ Otieno as head coach
By Citizen Reporter,
1604, August 19, 2019 (EAT)
KCB Football Club (KCB FC) has rejigged its squad ahead of the 2019-2020 season which is scheduled to kick off next month. The KCB Bank Kenya backed ...
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Imperial Bank’s asset-value falls by over 50% in one year
By Kepha Muiruri,
2009, August 15, 2019 (EAT)
The value of net assets held at Imperial Bank Limited in Receivership (IBLIR) has sunk by half in the past year to a sum lesser than Ksh.5.2 billion (...
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