A History Of Banking: The NIC Story
Following part one a week ago we look into the history of banking, Zeroing in on NIC in Kenya and goldsmith banking back in the 16th century, the two tie in together; somehow.
NIC Expects Over-Subscribed Rights Issue
NIC Bank expects an over subscription in its ongoing Rights Issue. According to NIC Bank Group Managing Director James Macharia, the trend will not be different from the previous time when the bank went back to shareholders to raise more capital. Macharia…
NIC Rights Issue Opens Today
Each eligible NIC shareholder has the right to buy 1 new NIC share for every 4 already held and will until 7th September have the option to freely trade their rights at the NSE at a price set by the market
History of Banking in Kenya [Info graph]
This is part of a series of articles sponsored by NIC Bank. NIC will be having a rights issue starting 27th August. Read more about their rights issue here. …
NIC Bank Nets More than 2 billion to June
Profit grew mainly on higher interest income which doubled to 5.6 billion shillings from 2.72 billion last year amidst a high interest rate environment
Stocks 101: Why Would I Buy Shares?
Studies have shown that shares are a good investment to make more so for long-term gains
A History of Banking: The NIC Story
How did Banking begin? Not Egypt, that's easy example. Let's go back, back to the assembly of humans into small kin groups way before Egypt.
Stocks 101 – Why would I issue shares?
This is part of a series of articles sponsored by NIC bank. NIC will be having a rights issue starting 27th August. Read more about their rights issue here. That’s a good question. You might as well get a loan and maintain your 100%…
Stocks 101 – The Nairobi Securities Exchange
This is part of a series of articles sponsored by NIC bank. NIC will be having a rights issue starting 27th August. Read more about their rights issue here. In 1951, an Estate Agent by the name of Francis Drummond established the first professional stock broking…
Stocks 101 – What is a stock market?
This is part of a series of articles sponsored by NIC bank. NIC will be having a rights issue starting 27th August. Read more about their rights issue here. Simply put, a stock market is a market (like the Wakulima Market), only that the products being…
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