Tag: Bank

Sidian Bank
BusinessHot News

Nairobi-based Sidian Bank raises $23 million after profit jumps sharply

Nairobi-based Sidian Bank raises $23 million after profit jumps to Ksh1.47 billion ($11.4 million), strengthening capital for expansion.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

KCB Group posts record $530 million profit as Kenyan unit leads earnings growth

KCB Group Plc posts $530 million profit as Kenyan unit leads earnings and mobile lending expands across East Africa.

Omokolade Ajayi Omokolade Ajayi
FirstRand
BusinessHot News

FirstRand tops Capitec to become Africa’s most valuable bank

With a market cap of $22.9 billion, FirstRand overtakes Capitec as Africa’s most valuable bank, driven by strong earnings and disciplined management.

Omokolade Ajayi Omokolade Ajayi
Equity Center, Nairobi, Kenya.
BusinessExclusiveHot News

Equity Group, valued at $1.4 billion, is the leading lender in East, Central Africa

This reflects Equity Group’s effective regional diversification strategy, with nearly 50 percent of earnings now derived from operations outside Kenya.

Omokolade Ajayi Omokolade Ajayi