Kenya banking News
Latest articles and news about Kenya banking on AXL Media.
Latest Articles
- Zenith Bank PLC Formalizes East African Expansion with 100% Acquisition of Kenya’s Paramount Bank
Published: Apr 9, 2026
Section: Africa
Nigeria’s Zenith Bank PLC has completed a $7.7 million acquisition of Paramount Bank Limited, marking its first direct entry into the Kenyan market. The deal, finalized on April 7,...
- HF Group Reports Record 250% Profit Surge to Sh1.6 Billion Driven by Non-Funded Income Growth
Published: Apr 1, 2026
Section: Africa
HF Group has announced a massive 250% increase in pre-tax profit for the 2025 financial year, reaching Sh1.61 billion. Under the leadership of CEO Robert Kibaara, the group achieve...
- Nedbank Secures Regulatory Approval for R13.9 Billion Acquisition of East African Banking Giant
Published: Feb 23, 2026
Section: Banking & Finance
Nedbank has achieved a significant milestone in its strategic expansion into East Africa after receiving a key regulatory exemption for its acquisition of Kenya’s NCBA Group. The d...