Earlier this year banks were asked to waiver transaction charges that were made this year due to the pandemic. Now Safaricom and other banks are seeking to end the free transactions
KCB Group Plc has disbursed KShs. 2.12 billion in dividend earnings to the Government of Kenya for the year ending December 2019. Signifying a sustained return to shareholders amid a tough operating environment. The 2019 dividends are on the back of impressive Profit After Tax for the year which increased ...
KCB Group Plc. has reported KShs.6.3 billion in profit after tax in the first quarter of 2020 ending March. This is an 8 per cent jump from the KShs. 5.8 billion posted a similar period last year. The jump is driven by stronger non-funded income lines and interest income boost due ...
KCB Group has posted a 5% growth in after tax profit to KShs. 12.7 billion for the first half of 2019 ending June compared to KShs12.1 billion reported same period last year due to growth in its loan book and increased mobile channel activity. KCB Group CEO and MD Joshua ...
A Kenyan High Court has reportedly barred the Kenya Commercial Bank (KCB) Group from using a core banking software powering its withdrawals and deposits over IP infringement and software piracy. According to reports reaching TechMoran, Nagalakshi Solutions Limited (NLS) through their lawyers Lumumba and Lumumba Advocates have put an injunction ...
Image courtesy: thefreeaky.net With over 40% of the youth in Kenya between the ages of 15 and 34 years old unemployed, KCB is pushing for entrepreneurship as a solution to the high unemployment levels in the country. KCB Bank has brought Lions Den business reality television ...
KCB Group has filled a multi-million shilling claim against stock brokerage firm Suntra over the incompetent purchase of Safaricom shares during the telecommunication company’s IPO in 2008. The case becomes the third that KCB has filed against Suntra arising from the Safaricom IPO with each suit having different claims. The ...
