'We are the only fully government-owned bank in Kenya, so you can take confidence in the fact that your money is safe because we are giving it to the government.'
By
George Ngigi
Correspondent
Nation Media Group
Government-owned Consolidated Bank of Kenya returned to profitability last year in the middle of a boardroom spat that triggered the ouster of the CEO and some directors.
The state-owned lender recorded a net profit of Sh174.8 million for the six months compared to Sh12 million posted in a similar…
Mbadi's directive effectively places the State-owned lender at the centre of public sector transactions.
'I think the challenge one gets is that the pace of change is so fast for all our businesses and clients, which calls for…
In the judgment, the court held that the renewal of a CEO’s contract in a State corporation is not solely a board decision but is…
The Central Bank of Kenya (CBK) mandates lending to directors and employees not to exceed a bank's core capital in order to…
Besides chairing East African Breweries Plc and Allianz-Sanlam Insurance Kenya, he also serves as a non-executive director of BAT…
