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Interest income lifts KCB net profit to Sh19.6 billion

Interest income lifts KCB net profit to Sh19.6 billion KCB Group posted a 16.4 per cent jump in after-tax profit in the year ended December on the back of increased interest income from the mainstay lending business. The company has declared a dividend of Sh2 per…
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Ecobank eyes commodity traders, farmers with loan product

Ecobank eyes commodity traders, farmers with loan product Ecobank Kenya is set to introduce financing for commodity traders and farmers secured through warehouse receipts. The product is being rolled out by Ecobank as part of improving its trade financing offers given Kenya’s strength in commodities such as maize and wheat…
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