NAIROBI, Kenya — Equity Group Holdings PLC has once again showcased its resilience and adaptive ability in the face of the ongoing global recession. The bank reported impressive first quarter results for 2023, with significant growth across its various financial...
Top executives in the banking industry in Kenya are seeing an increase in their pay, with Equity Group CEO James Mwangi and NCBA Group CEO John Gachora earning a combined Sh362.37 million last year in salary and bonuses. This news comes after double-digit growth in...
In the wake of the collapse of Chase Bank, it is worth retracing Kenya's banking sector's "rich" history of having banking institutions go bust. The First Wave (before passing of 1989 Banking Act); 1984-1989, Post-Independence; mainly family/community owned banks:...
Are you one of those people still struggling to queue at the bank in order to make a deposit? If you are, you need to put a stop to that immediately. Ever since Safaricom launched the M-pesa Paybill service, it is no longer necessary to waste your valuable time in...
SWIFT is the acronym for Society for Worldwide Interbank Financial Telecommunication. The SWIFT network enables banks globally to send and receive information on financial transactions in a secure and reliable environment. SWIFT codes are used to transfer money...
The following is a list of M-Pesa PayBill numbers for Kenyan banks, microfinance institutions, and saccos. This page is regularly updated. 1 ABC Bank 111777 2 Bank of Africa 972900 3 Barclays Bank K LTD 303030 4 CFC Stanbic 600100 5 Chase Bank 552800 6 Citibank N.A...