Co-operative Bank
CBK to open licensing of new banks after 9 years, raises core capital to KSh 10 billion
The Central Bank of Kenya will lift its moratorium on licensing new banks from July 2025, requiring new entrants to have a minimum core capital of KSh10 billion.
Central Bank of Kenya cuts base lending rate to 10%, signals cheaper loans for borrowers
The Central Bank of Kenya has reduced its base lending rate to 10% from 10.75% signalling potential relief for borrowers through lower loan costs.
Kenya's top listed banks, companies with billions in profits and dividends paid to shareholders
KCB, ABSA, Kenya Power and other leading companies in Kenya have reported profit growth and generous dividend payouts in financial year announcements in 2025.
Co-op Bank records KSh 25.5b full-year profit, best ever performance by lender
Co-operative Bank of Kenya has reported a record-breaking full-year profit of KSh 25.5 billion, marking its strongest financial performance to date.
Co-op Bank Kenya reduces cost of credit by 2% after CBK cut base lending rate to 10.75 percent
Co-op Bank of Kenya became the first lender to adhere to the CBK directive, cutting its loan interest by 2% to enhance access to cheap credit and economic growth.
Co-operative Bank advertises several jobs with January deadline, requirements
The Co-operative Bank of Kenya has announced several job openings with application deadlines set for January. The positions are mostly in the IT department.
Top 10 most valuable companies in Kenya based on stocks value in 2024
The Nairobi Securities Exchange (NSE) recorded growth in 2024, with companies such as Safaricom, Equity Bank and KCB Bank among those with the highest market cap.
Raimond Molenje takes helm as Kenya Bankers Association CEO, effective December 2024
Raimond Molenje has been appointed CEO of the Kenya Bankers Association, effective December 1, 2024, bringing over 19 years of leadership and legal expertise.
15 best performing stocks on Nairobi bourse as Kenyans rue missed money-making chances
Best performing stocks on the Nairobi Securities Exchange include many companies in the energy and banking sectors with some having tripled their share prices.
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