March 2016

Month: March 2016

National Bank Records Loss of KES 1.2Bn

National Bank has today announced FY2015 results reporting a loss of KShs1.2B for the year ended 31 December 2015. This compares ...

E.A. Cables Accedes to Distributive Activities on Poor Performance

Wednesday’s trading was characterized by a sustained downtrend on the market indicators with the NSE-20 share index depreciating by 0.36% to ...

US Fed Chair Rate Hike Uncertainty Sees Shilling Marginally Advance

Currency The Kenyan shilling closed Wednesday’s trading session having extended marginal gains against the US Dollar (USD) to close at 101.52 ...

Standard Chartered Posts 39.2 percent Drop in After tax Profits

Standard Chartered Bank Kenya Ltd (NSE: SCBK), released their FY15 results for the period ended 31st December 2015, with the following highlights: ...

National Bank Issues Profit Warning

The management of National Bank of Kenya (NBK) announced a decline in profit after tax for the full year ended December 31, 2015 which ...

Prepare to Walk to Work Tomorrow as Matatus Threaten to Strike

The residents of Nairobi should be prepared both mentally and physically for a long walk to work as well as to other ...

National Bank of Kenya Top Loser of the Day

The top gainer of the day at the NSE was Atlas Development & Support Services Ltd with a positive deviation of 7....

Groundnuts Retail Prices Highest in Malindi

Canadian beans retailed at Sh.7200 in Kisumu, which was the highest price compared to market prices in other towns. In Nakuru, ...

Chase Bank secures Kshs 5-billion AfDB lending facility

Chase Bank has secured Kshs 5 billion (USD 50 million) on-lending facility from the African Development Bank (AfDB) to support its growth ...

Transnational Bank Profits Grow by 32 Percent

Transnational Bank, a leading agribusiness value chain financing institution in Kenya, recorded an impressive 32% growth in profit before tax in the ...

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