Equity, KCB fight for continental honours

“The banking industry is itself being disrupted by technology and has embraced this technology to develop solutions that truly benefit the real economy.


HF Group borrows Sh1.9 billion at 18pc

HF also holds a short term loan facility of Sh516.3 million from fellow listed lender NIC Bank , for which it is paying interest at 14 percent per annum.


Kenyan banks go for African market

Top Kenyan banks, namely Equity Group and Kenya Commercial Bank (KCB) Group, after conquering the Kenyan market, and extending to the larger East African Community countries, are now following in the footsteps of their South African and West African peers


Nedbank pockets R780m from Transnet

Mahomedy replaced Tau Morwe, whose six-month contract was not renewed when it expired early this month. Nedbank is the latest in a long list of private sector companies to be implicated in state capture.


Union Bank’s profit rose by 33%

As a result of aggressive focus on recoveries, he said the bank’s non-performing loan ratio declined to 8.1 per cent in December 2018 from 20.8 per cent as at December 2017.