The Kenyan lender's acquisition of Trust Merchant Bank follows the Democratic Republic of Congo's formal entry into the East African Community.
Africa
Latest articles from Kenya
NPL upward trend continues at Kenyan banks
October 14, 2021KCB Group, the country’s largest lender by Tier 1 capital, saw its non-performing loan ratio rise to 15% in 2020.
UK deal boosts Nairobi’s position as financial hub
July 29, 2021Closer ties with the City of London likely to encourage further fintech investment into Kenyan capital.
Kenya's finance minister on lockdowns, locusts and NPLs
April 20, 2021Ukur Yatani, cabinet secretary of the Kenyan National Treasury, on the state of the country’s economy and banking sector.
Kenya’s banks weather the storm
April 20, 2021The banking sector's ability to return to previous profitability levels depends on length of lockdowns.
Kenya’s ambitions checked but hopes abound
April 20, 2021The country’s economic bounceback has been dampened by a Covid-19 surge, but a swift recovery is anticipated.
Kenya epicentre of busy M&A year for Africa
February 24, 2021Leading banks expanded across the continent, while consolidation continued in overbanked countries.
Kenya’s banks set for another bumpy year
February 15, 2021Large government debt and vulnerability to external shocks could derail the banking sector’s recovery in 2021.
Kenyan central bank governor wants a more customer-centric focus
November 1, 2019In the face of cooling growth predictions, Kenya's central bank governor talks to John Everington about the deeper changes being made to the country's banking system.
Kenyan banks' east African expansion raise supervisory concerns
May 2, 2016As trade and co-operation has increased across east Africa, so has cross-border banking, with Kenyan lenders leading the way. But although this move is spreading new technologies and services while increasing competition, are there sufficient supervisory structures in place? James King investigates.
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