Exclusive

Publication

Byline

Location

How retail banking propelled I&M Group past NCBA on asset base

Nairobi, June 9 -- I&M Group has now overtaken NCBA Group in total assets, signaling a shift in Kenya's banking pecking order driven by the former's aggressive push into retail banking. Latest disclo... Read More


How retail banking propelled I&M past NCBA on asset base

Nairobi, June 9 -- I&M Group has overtaken NCBA Group in total assets, signalling a shift in Kenya's banking pecking order driven by the former's aggressive push into retail banking. Latest disclosur... Read More


Saccos, Kepsa fight KRA bid to raid bank accounts

Nairobi, June 4 -- Saccos are the latest to push back against plans to allow the Kenya Revenue Authority (KRA) to raid taxpayers' bank accounts in the middle of contested tax demands, warning of poten... Read More


Four banks in race to meet CBK capital rules

Nairobi, June 4 -- Four lenders had not met the December 2025 minimum core capital requirement of Sh3 billion and remained non-compliant at the end of March, reflecting the strain of the new rules ahe... Read More


Four banks breach CBK capital rules as tougher thresholds loom

Nairobi, June 4 -- Four lenders had not met the December 2025 minimum core capital requirement of Sh3 billion and remained non-compliant at the end of March, reflecting the strain of the new rules ahe... Read More


Medical insurance claims double in five years

Nairobi, June 3 -- Medical insurance claims have nearly doubled over the past five years to Sh52.61 billion, driven by rising healthcare costs and increased utilisation, forcing insurers to raise prem... Read More


Company-sponsored medical covers in pain

Nairobi, June 2 -- Patients on company-sponsored insurance covers are bearing a higher cost of their hospital bills through co-payment after medical bills jumped 13 percent last year, surpassing the g... Read More


Rise in Sh1,000 bank notes in circulation

Nairobi, June 1 -- The Sh1,000 note is entrenching itself at the heart of Kenya's cash economy as notes in circulation surged to Sh388.4 billion after the new currency printing tender. Latest data fr... Read More


Ex-Scangroup boss seeks board ouster at AGM next week

Nairobi, June 1 -- WPP Scangroup founder and former CEO Bharat Thakrar is seeking the support of fellow minority shareholders to oust the firm's board at the annual general meeting (AGM) scheduled for... Read More


Rise in Sh1000 bank notes in circulation

Nairobi, June 1 -- The Sh1,000 note is entrenching itself at the heart of Kenya's cash economy as notes in circulation surged to Sh388.4 billion after new currency printing tender. Latest data from t... Read More