Uchumi Supermarkets posted a pre-tax loss of Kshs 1 Billion in the half-year ended December, 2015, widening its loss of Sh262.3 Million reported in 2014 by around 279%.

CfC Stanbic Bank has reported a 14 per cent dip in net profit largely attributed to lower non-interest income and a drop in earnings from its Juba subsidiary, where the lender suffered a Sh7 billion hit linked to devaluation of the South Sudan currency.

Co-operative Bank is mulling expanding into Rwanda as early as this year, says a banking report by Renaissance Capital.

NIC Group has posted a profit after tax of Sh4.5 billion, for the year ending December 31, compared to Sh4.1 billion in 2014, representing a year on year growth of 9 percent. The Bank’s operating profit was up by 23 percent, representing strong growth in the bank’s core business.