Tag: Kenya Banking

Absa Bank and Unilever Kenya CEOs
BusinessHot News

Absa, Unilever roll out $31 million SME finance program      

Absa Unilever SME finance program expands access to working capital for Kenyan SMEs via a $31 million supply chain facility.

Timilehin Adejumobi Timilehin Adejumobi
KCB eyes $54 million windfall from Prime Kenya land sale
BusinessLuxury

KCB eyes $54 million windfall from Prime Kenya land sale

KCB Group Plc, East Africa’s largest banking group by assets, is moving ahead with plans to raise about $54 million, or roughly Sh7 billion, from the sale of a long-disputed 2,000-acre parcel in Mavoko, Athi River. The land, tied to a past loan settlement, has become one of the bank’s most complex recovery cases in recent years.  The lender is…

Oluwatosin Alao Oluwatosin Alao
Standard Chartered Bank HQ Kenya
BusinessHot News

Standard Chartered to sell East Africa HQ as it scales back presence 

Standard Chartered sells its Nairobi headquarters as part of an Africa and Middle East restructuring focused on efficiency and wealth banking.

Timilehin Adejumobi Timilehin Adejumobi
KCB Bank, Kenya
BusinessHot News

KCB Group expands into fintech with strategic stake in Pesapal

KCB expands into fintech, strengthening its digital payments network.

Timilehin Adejumobi Timilehin Adejumobi