Citibank Kenya has filed a petition at the High Court seeking to stop investigators from summoning, questioning or prosecuting one of its employees over the approval of a $2.02 million (about Sh261 million) loan issued to Kiru Tea Factory Company Limited. According to court documents filed under HCCHRPET/E373/2026, the bank …
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Co-operative Bank has been ranked among Africa’s 25 strongest banks by capital for the first time, further cementing Kenya’s status as East Africa’s leading financial centre. The latest The Banker Top 1,000 World Banks survey placed three Kenyan lenders among the continent’s best-capitalised financial institutions. Co-operative Bank made its debut …
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The Board of I&M Group PLC has appointed Abdi Mohamed as the incoming Chief Executive Officer of I&M Bank Kenya, subject to approval by the Central Bank of Kenya (CBK). In a statement issued to shareholders on Monday, the lender announced that Mohamed will join the bank from Absa Bank …
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The Lower Eastern Times Opening The Third Eye