Tag: Paul Russo

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KCB Group Shareholders Approve Proposed Trust Merchant Bank SA (TMB) Acquisition

KCB Group Shareholders Approve Proposed Trust Merchant Bank SA (TMB) Acquisition

Kenya Commercial Bank (KCB) Group Plc shareholders have approved the proposed acquisition of the DRC-based lender Trust Merchant Bank SA (TMB) during [...]
KCB Pumps Kshs. 120 billion to Support Oil Marketing Firms in Petroleum Imports

KCB Pumps Kshs. 120 billion to Support Oil Marketing Firms in Petroleum Imports

KCB Bank Kenya has injected over KShs. 120 billion to support Oil Marketing Companies (OMCs) importing fuel as it seeks to consolidate its support to [...]
IFC, KCB Partnership to Boost Access to Climate Finance in Kenya

IFC, KCB Partnership to Boost Access to Climate Finance in Kenya

KCB Bank Kenya and IFC have signed a partnership that will help catalyze the growth of climate finance in Kenya by increasing support for businesses a [...]
KCB Group Posts KShs.19.6B in Half Year Profit after Tax

KCB Group Posts KShs.19.6B in Half Year Profit after Tax

The Kenya Commercial Bank (KCB) Group reported net earnings of KShs.19.6 billion for the six months ending June 30, 2022, a 28.4% rise from last year. [...]
KCB WINS 6, NATIONAL BANK SCOOPS 2 INSURANCE AWARDS

KCB WINS 6, NATIONAL BANK SCOOPS 2 INSURANCE AWARDS

The Kenya Commercial Bank (KCB) triumphed in this year’s annual celebration of Kenya’s insurance sector winning a total of 6 awards in an event organi [...]
Financial Institutions Must Champion for Climate Action: There is only One Earth!

Financial Institutions Must Champion for Climate Action: There is only One Earth!

By Paul Russo That climate change lobbyists disrupted a military parade in London during Queen Elizabeth's Platinum Jubilee celebrations on June 2 [...]
National Bank of Kenya Names Peter Kioko as Acting Managing Director

National Bank of Kenya Names Peter Kioko as Acting Managing Director

The Board of National Bank of Kenya (NBK) has appointed Peter Kioko as the acting Managing Director for the Bank, effective June 10, 2022. The positi [...]
NBK Profits Increase By 72% to KShs. 395 Million after Tax in 2022 First Quarter

NBK Profits Increase By 72% to KShs. 395 Million after Tax in 2022 First Quarter

National Bank of Kenya (NBK) has recorded a profit after tax of KShs. 395 million for the quarter ending March 31, 2022. This was an increase of 72% c [...]
National Bank Boss Paul Russo To Replace Oigara as KCB Chief Executive Officer

National Bank Boss Paul Russo To Replace Oigara as KCB Chief Executive Officer

The Kenya Commercial Bank (KCB) Group PLC Board has appointed the Managing Director National Bank of Kenya ional  as the company’s Group Chief Executi [...]
National Bank of Kenya Posts KShs. 1.1 Billion Profit in 2021

National Bank of Kenya Posts KShs. 1.1 Billion Profit in 2021

National Bank of Kenya (NBK) has posted KShs 1.1 billion in profit after tax for full year 2021. This represents a 431% increase from 2020, driven by [...]
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