KCB Group has injected over Sh120b to support companies importing fuel after the government cut the fuel subsidy programme this month. In a statement, KCB Group said the move is aimed at facilitating oil importation into the country by financing oil firms under its portfolio. This support from the bank will help oil companies to import more fuel in the country hence erasing the issue of oil shortage in the country.
After the government cut the fuel subsidy program this month, KCB Group injected over Sh120 billion to assist companies importing fuel. According to a statement, the move is intended to facilitate oil importation into the country by financing oil firms under its portfolio. This bank support will enable oil companies to import more fuel into the country, thereby eradicating the country's oil shortage.
KCB Bank is one of the banks in Kenya.KCB is now giving a Ksh 5,000 shopping voucher to their customers. All you need to do is to use the KCB services from any place all over the country and get this reward. KCB Bank also assures its customers of a full and secure transfer of money to all parts of the world.
Kenyans have today been met with awakening of disappointing news following a major announcement made by the Kenya Commercial Bank. This announcement however led to a series of reactions from Kenyans who now seemed to be abit disappointed by all that is happening. The KCB Bank group made an announcement on the enactment of the finance act 2021 by the government, whereby effective 1st July all loan related fees and commissions will be subject to 20% exercise duty.
Kenya commercial bank is one of the biggest financial institutions in Kenya. It is also one of the banks that has many customers because of its good services to customers. Some of its services goes hand in hand with Mpesa services and this makes the bank even more preferable.
Exactly 5:50 pm on Thursday 7th September 2021, Kenya Commercial Bank well known as KCB Bank announced through short message to its customers that Bank to Mpesa, Mpesa to Bank and Mpesa services were back. The services went off for upgrading and maintenance process for some hours leaving many of its customers who use the services from not using it.
A few days ago, reports emerged that the Kenya Commercial Bank was taking over a Beach Hotel in Mombasa over a loan that had been defaulted by the said Hotel that was taken some years back. Picture courtesy. English Point Marina Beach Hotel. This caused a lot of eyebrows to be raised as it's unclear as to why the hotel had gotten billions of shillings worth of loans from the Kenya Commercial Bank.
Today we launched the Nakuru County Enterprise Fund worth Ksh 850 million. This fund will assist small businesses recover after the disruption caused by COVID-19. Through our partnership with KCB Bank, we negotiated an interest rate of 7.5 percent which is lower than what most financial institutions offer.
Kenya Commercial Bank (KCB) is one of the fincial services provider in Kenya headquartered in Nairobi licensed by the Central Bank of Kenya. The bank also offer mobile phone under the partnership with Safaricom which signed a deal for agent to agent transactions. One of the services is KCB-Mpesa transactions which gives both Safaricom and KCB customers to transact their money from both accounts easily.
Kenya Commercial bank is one of the biggest financial institutions in Kenya. Many people like saving with this bank because of the services it gives it's liable customers. Nowadays you can easily transact even if you are in rural areas because you can easily transfer money from your KCB account to your Mpesa Account.
Nation Media Group's Daily Nation Newspaper has provided a long list of students who are set to miss their spots in the form one class of 2022 incase no well wisher steps in. More worrying was that the grades obtained by these students who happen to hail from financially below average backgrounds were as high as 404 marks out of the possible 500 marks.
Many of us know Uhuru Kenyatta as the President of our beautiful country Kenya, but not many know more about his personal life. Like every other walking and living human being, Uhuru has had a fair share of ups and downs, struggles and successes before becoming Kenya’s 4th President.
The luxurious English Point Marina Hotel that has been repossessed by KCB Bank over unpaid loan. Several institutions including high end hotels have been facing auctioning from their creditors due to failure to repay back the loans they owe to financial institutions. The Kenya Commercial Bank (KCB) has provided loans to various hotels built across the country, but they have repossessed them due to failure to service the loans fully.
Vulnerable Kenyans, especially Persons with Severe Disabilities registered in the Inua Jamii cash transfer program, will have access to their funds from November to December 2021 and January to February 2022 for the next six months. This follows the government's issuance of Sh 8.6 billion for payment to the program's 1,091,166 recipients.
Photo courtesy of KCB Bank group CEO Joshua Oigara. Kenya Commercial Bank (KCB) group has dropped a finger-licking offer to parents during this school re-opening season. Addressing Kenyans, precisely parents and students via their Twitter page, KCB announced the introduction of reliable, easy, and modernized criterias of paying school fees in an effort to cut lumpsum travel costs occassioned by long distance travels to deposit school fees at the bank.
KCB Bank Warns Customers Of Fake Accounts The Kenya Commercial Bank of Kenya (KCB) is well known for being the best commercial bank in Kenya. It offers flexible as well as affordable loans that have a 36 months repayment period; which is impressive since it gives people enough time to repay the loans.
Mobile banking is one of the services offered to Kenyans to be enable to save their money from KCB to Mpesa account and vice vasa. It has made it easier for Kenyans to do transactions from one account to another easily across Kenya and Eastern Africa region. On Thursday 5th August 2021 the Kenya Commercial Bank announced to its customers using the mobile banking services about the challenges they experienced which affected the Send to Mpesa and KCB App activation.
The Huge Amounts Of Money Kenyan's Borrows On Safaricom's Fuliza Daily. The popular fuliza money lending services by Safaricom, NCBA Bank and KCB Bank has released it's quarterly report and from the report, the service has 1.7 million active users in Kenya and according to Safaricom, the fuliza overdraft facility saw a huge borrowing which stood at 1.32 Billion Kenya shillings per day between April and September this year.
Safaricom is Kenya's most widely utilized mobile network operator. The service's convenience stems from M-massive Pesa's and broad appeal, which allows people to transfer and receive money online. This extends to transactions from the bank to M-Pesa, a service with which I am very comfortable and secure.
The golden trophy is finally here with us. Today the Football Kenya Federation president Nick Mwendwa has unveiled the Golden trophy which was long-awaited. “The trophy is now home, it is here and must be a shock to the doubting Thomas, who thought we were not serious to bring the golden trophy for the top-flight,” Mwendwa told Goal on Wednesday.