Nairobi, Feb. 1 -- The higher rating by Moody's has helped extend the rally in Kenyan Eurobonds as investors acknowledge lower country credit default risks. Traded Eurobond yields fell by between 0.0... Read More
Nairobi, Jan. 25 -- Lender Housing Finance enjoyed the largest lending margins at the end of last year, marking the highest profit potential from lending among all 38 licensed commercial banks. Data ... Read More
Nairobi, Jan. 22 -- The Competition Authority of Kenya (CAK) has approved the acquisition of Kenya's Paramount Bank by Nigeria's Zenith Bank Plc, on condition that the Lagos-headquartered lender retai... Read More
Nairobi, Jan. 21 -- Three quarters of all trades executed on the Nairobi Securities Exchange (NSE) last year were channelled through the staff of stockbrokers, underlining the role of the market inter... Read More
Nairobi, Jan. 21 -- Kariuki Ngari is set to exit his role as chief executive officer of Standard Chartered Bank Kenya on April 16. The board of the lender has announced the impending exit, which will... Read More
Nairobi, Jan. 20 -- The Private Infrastructure Development Group (PIDG), a Western founded infrastructure development finance organisation will take up to a third of the Africa Logistics Properties (A... Read More
Nairobi, Jan. 20 -- Capital A Investment Bank dominated trading in bonds -the largest asset class- on the Nairobi Securities Exchange (NSE) last year according to market data. The institution oversaw... Read More
Nairobi, Dec. 15 -- The government has failed to remit deductions of Sh1.2 billion to the civil servants' pension scheme, risking a loss of returns to workers in Kenya's troubled retirement benefits s... Read More
Nairobi, Dec. 13 -- Investment bank Dyer & Blair and stock brokerage Francis Drummond have been picked to guide Kenya Pipeline Company's initial public offering (IPO) in which the government seeks to ... Read More
Nairobi, Dec. 10 -- Banks have chosen different benchmarks to price loans under the new risk based pricing formula, denying customers a uniform reference rate to assess the cost of borrowing. The Cen... Read More