Recent research on saving habits in Kenya shows worrying patterns. The study indicates that a large number of Kenyans face difficulties in setting aside money for emergencies. The data reveals a small percentage of individuals consistently saving money, while many are barely able to cover their expenses each month. Individuals need to prioritize saving to…
KCB Bank has decided to sell National Bank to Access Bank of Nigeria for Sh13.2 billion, which is below the book value of NBK. This move comes after KCB acquired a majority stake in National Bank in 2019 in an attempt to revive its operations. Despite efforts to improve its financial situation, National Bank continued…
AGF has partnered with Uganda Development Bank (UDB) to increase lending to Small and Medium Enterprises (SMEs), businesses linked to women and youth, and environmentally sustainable projects. The Group CEO of AGF headed a delegation on courtesy visits to major banks in Uganda, which included centenary bank, stanbic bank, Cairo Bank, and equity bank uganda….
The analysis of KCB Tanzania’s financial performance for the fiscal year 2023 involves an examination of key financial metrics crucial for evaluating the bank’s well-being. These metrics include Economic Value of Equity (EVE), Net Interest Margin (NIM), Efficiency Ratio, Return on Assets (ROA), and Loan-to-Deposit Ratio (LDR). Notably, in the first half of 2023, KCB…
