Interest Rate Caps Effects

Interest Rate Caps Effects: Most lenders increase exposure to the risk-free government securities as opposed to other risky borrowers

Kenya is one of the countries forecast to be among the fastest-growing economies globally in 2017. The country forms part of the East African Community, a regional grouping of countries whose economies are forecast to grow significantly faster than the Sub-Saharan Africa average. Firms with operations in the East Africa region benefit from regional integration,

mobile money

456.6 million transactions valued at Ksh.1.1 trillion were made via mobile money in the quarter ending December 31

The total number of mobile money subscriptions was recorded at 31.9 million subscriptions while active mobile money transfer agents were recorded at 161,583 during the quarter ending 31st December 2016. The volume of transactions made (deposits and withdrawals) was recorded at 456.6 million transactions valued at Ksh.1.1 trillion. During the quarter mobile commerce posted a

Diamond Trust Bank FY’2016 Results

Diamond Trust Bank FY’2016 Results: EPS increased by 16.6% to Ksh.28.9 per share from Ksh.24.8

DTB released their FY’2016 earnings, recording an increase in core earnings per share (EPS) by 16.6 percent to Ksh.28.9 per share from Ksh.24.8 per share in FY’2015. This was due to a 22.6 percent increase in operating revenue despite a 30.1 percent increase in operating expenses. Key points to note include: Operating revenue increased by