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Saturday, January 25, 2020
Central Bank of Kenya

Why Kenyan Banks are less profitable

Despite top-tier banks reporting impressive results at the first quarter, the sector saw a decrease in return on assets from 2.67 percent to 2.62 percent. Profit in the quarter ended December 2017 decreased from Sh21.86...

Safaricom shares toy with Sh30 as results announcement looms

With a day to go Safaricom results have moved the share price between Sh28.25 and Sh29.00. Monday’s biggest share traded with 16 million shares valued at Sh461 million representing 54.53 per cent of the day’s...

StanChart reward to depositors hurt its earnings

Standard Chartered may have been too good a bank to avoid the pitfalls of the interest rate caps while other lenders devised devious ways to avoid it. A review by Standard Investment Bank on a...

How big bad borrowers like Kenya Airways continue to bleed lenders

Asset financing bank NIC Bank lent Kenya Airways an additional Sh1.6 billion to increase its exposure to the struggling airline. NIC Bank boss John Gachora said the additional lending was part of a combined effort...

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