Kcb Group News

Unilever seeks to triple retailers on its loan scheme

The firm has partnered with Kcb Group and Mastercard, the payments company, to provide the finance and technology respectively.

Business Daily Africa , Kenya Jan 23, 2019

Buyouts and mergers in Africa down in 2018 – market survey

M&A activity in the banking sector is expected to pick up this year after a slowdown witnessed in 2017 with Kcb Group finalising its takeover of Imperial Bank Ltd (in receivership).

The Star , Kenya Jan 22, 2019

Overdraft service beats expectations, says Bob Collymore

“If you don’t have enough cash, you simply draw down from the overdraft and you keep drawing down until you have got to your overdraft limit, which is predetermined by an algorithm.” Fuliza is underwritten by Kenyan lenders Kcb Group and CBA Group, which already had partnerships with Safaricom to offer short-term loans on the M-Pesa platform.

The Star , Kenya Jan 18, 2019

Kenya's Safaricom's overdraft service exceeds expectations

“If you don’t have enough cash, you simply draw down from the overdraft and you keep drawing down until you have got to your overdraft limit, which is predetermined by an algorithm.” Fuliza is underwritten by Kenyan lenders Kcb Group and CBA Group, which already had partnerships with Safaricom to offer short-term loans on the M-Pesa platform.

IOL , South Africa Jan 18, 2019

Kenya's Safaricom's overdraft service exceeds expectations- Collymore

“If you don’t have enough cash, you simply draw down from the overdraft and you keep drawing down until you have got to your overdraft limit, which is predetermined by an algorithm.” Fuliza is underwritten by Kenyan lenders Kcb Group and CBA Group, which already had partnerships with Safaricom to offer short-term loans on the M-Pesa platform.

Business Daily Africa , Kenya Jan 18, 2019

M-Pesa Fuliza lends Sh1b to customers within 8 days after launch

Safaricom Chief Executive Bob Collymore told Reuters that customers have borrowed over a billion shillings over 7 days with underwriting from Commercial Bank of Africa and Kcb Group.

Capital News , Kenya Jan 18, 2019

Kenya's Safaricom's overdraft service exceeds expectations -CEO

“If you don’t have enough cash, you simply draw down from the overdraft and you keep drawing down until you have got to your overdraft limit, which is predetermined by an algorithm.” Fuliza is underwritten by Kenyan lenders Kcb Group and CBA Group, which already had partnerships with Safaricom to offer short-term loans on the M-Pesa platform.

Reuters , Africa Jan 17, 2019

Kenyattas buy Jamii Bora Bank

The duo invested in Jamii Bora and took executive positions in the bank in 2011 following their departure from Kcb Group, which implemented a major restructuring of its executive team at the time.

Daily Nation , Kenya Jan 11, 2019

Kenyattas buy Jamii Bora Bank for Sh1.4bn

The duo invested in Jamii Bora and took executive positions in the bank in 2011 following their departure from Kcb Group, which implemented a major restructuring of its executive team at the time.

Daily Nation , Kenya Jan 11, 2019

Kenyattas buy Jamii Bora Bank for Sh1.4bn

The duo invested in Jamii Bora and took executive positions in the bank in 2011 following their departure from Kcb Group, which implemented a major restructuring of its executive team at the time.

Business Daily Africa , Kenya Jan 11, 2019