Mbadi's directive effectively places the State-owned lender at the centre of public sector transactions.
Consolidated Bank of Kenya is set for a boost after a Treasury circular directed State agencies to channel more business to the lender in a bid to anchor it in financing development projects.
Treasury Cabinet Secretary John Mbadi, in a circular dated April 20, 2026, urged ministries, counties, departments and agencies, as well as State corporations and government-owned enterprises, to “actively collaborate with and support” the lender by utilising its banking, financial and insurance services.
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The attractiveness of the corporate bonds has been aided by lower interest rates on bank deposits and treasury bills besides a…
Co-operative Bank deepens its South Sudan bet as the subsidiary returns to profit and fuels regional growth ambitions.
NMB Bank Plc has signed two strategic financing agreements worth a combined $180 million (over Sh450 billion) with International…
NMB Bank Plc has signed two strategic financing agreements worth a combined $180 million (over Sh450 billion) with International…
NCBA Bank Tanzania says it is intensifying efforts to support both large and small businesses while expanding financial inclusion…
KCB Group’s profits fell after it shut 15 branches in conflict-hit eastern DRC due to rising insecurity.
