KCB Bank

Covid19: KCB bank half-year profits drop by 40%

Regional lender, KCB Group, has reported a 40 per cent drop in net profit for the first half of the year, owing to factors linked to the Covid-19 pandemic. The bank recorded a net profit of Ksh7.57 billion ($75.7 million) compared to Ksh12.72 billion ($127.2 million) in the same period last year...

Friday, August 14, 2020 - 11:53am

KCB Rwanda hosts talk on financing for smallholder farmers

Agriculture financing in most African countries accounts for about 16% to 70% of the total monetary value of produced goods and services – gross domestic product (GDP) – yet, the sector gets only about 5% of the total loans by banks and other financial institutions. This was said...

Friday, June 15, 2018 - 9:51am

Private pension scheme debuts in Rwanda

  The monopoly enjoyed by the Rwanda Social Security Board (RSSB) as the sole social security provider has come to an end as private pension schemes commence operations. This will give Rwandan employers and individuals alternative schemes. The latest entrant is Liaison Group, in Partnership...

Friday, June 8, 2018 - 12:33am

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