Access Bank Kenya and National Bank of Kenya have launched the W Initiative in Kenya, extending women-led businesses access to finance, mentorship and enterprise support, after disbursing Sh18.23tr across Africa.
By Chrispho OwuorNon-interest income dropped 10.1 percent to Sh45.09 billion, largely because foreign exchange trading earnings fell 40.1 percent to Sh8.24 billion from Sh13.76 billion. The bank noted that digital channels helped shield non-funded income, which faced pressure from declining fees and commissions in the Democratic Republic of Congo following branch closures.
By Maureen KinyanjuiJustice Roseline Aburili, in her ruling, faulted the tribunal for ignoring the replying affidavit filed by NBK’s Company Secretary, Habil Waswani, when making its decision.
By Maureen KinyanjuiThe bank, which yesterday reported an 8.1 percent rise in net profit to Sh31.5 billion, will pay an interim dividend of Sh2 per share
By Maureen Kinyanjui