Cba News

Knut rejects Uhuru’s Big 4 housing levy

“Give teachers a salary rise of nineper cent straight and revise the Cba and we will roll it out,” Sossion said.

The Star , Kenya Dec 13, 2018

Shilling to come under pressure as the year ends

Market News Shilling to come under pressure as the year ends The shilling is expected to continue losing ground against the dollar by the end of the year according to economists at Commercial Bank of Africa (Cba).

Business Daily Africa , Kenya Dec 13, 2018

Rwanda banks report mixed results in 2018

Those that did not fare well — Commercial Bank of Africa (Cba), three microfinance banks and the Development Bank of Rwanda — reported a combined Rwf8.3 billion ($9.3 billion) in net losses.

The East African , Kenya Dec 12, 2018

NIC share sprint eases after initial excitement

NIC Bank shares yesterday dropped 9.2 per cent to close the day at Sh25, indicating a slow down in the share purchase ahead of planned merger with Cba.

The Star , Kenya Dec 11, 2018

Ndegwa family puts empire on new path with asset sales

The Ndegwas, one of the richest families in Kenya, have proposed or completed five disposals and mergers in the past four years — the latest being the planned merger of NIC Group #ticker:NIC with Commercial Bank of Africa (Cba).

Business Daily Africa , Kenya Dec 11, 2018

NIC, CBA parent banks in merger negotiations

The merger if successful, will see both banks – NIC and Commercial Bank of Africa Limited (Cba), operating as one entity, making it one of the top mergers within East Afica’s banking industry.

Daily Monitor , Uganda Dec 9, 2018

Rotich pushes for bank mergers

Speaking during the signing of a Sh13 billion financing commitment with the German government, Mr Rotich welcomed the announcement of a merger between NIC Bank and Commercial Bank of Africa (Cba), saying it represented the direction that local banks should take.

Daily Nation , Kenya Dec 9, 2018

Rotich pushes for bank mergers

Speaking during the signing of a Sh13 billion financing commitment with the German government, Mr Rotich welcomed the announcement of a merger between NIC Bank #ticker:NIC and Commercial Bank of Africa (Cba), saying it represented the direction that local banks should take.

Business Daily Africa , Kenya Dec 9, 2018

10-year bond forecast to do better on high maturities

A few banks may also bid for the paper, although their bids maybe somewhat aggressive to boost prospects of trading the bond,” said Cba analysts in a fixed-income note.

Business Daily Africa , Kenya Dec 9, 2018

Kenyan Bank tie-up creates bigger rival for West Africa lenders

Both NIC and Cba already operate in Uganda and Tanzania, and Cba has ambitions to operate in 16 African nations.

IOL , South Africa Dec 8, 2018