Jul 19, 2010 (Business Daily/All Africa Global Media via COMTEX) -- Shareholders of CfC Stanbic Holdings Ltd are set to vote on the separation of the firm's insurance and banking sections, a plan that ...
CFC Stanbic Holdings has dropped its Kenyan identity on its brand, marking the end of a business reorganisation that started in 2009. Previously operating as Credit and Finance Corporation (CFC), ...
May 12, 2010 (Business Daily/All Africa Global Media via COMTEX) -- CfC Stanbic Bank recorded a 151 per cent rise in earnings for the first quarter of the year in a sign that the biggest merger in ...
Kenya’s CFC Stanbic Holdings Ltd. has delinked its two insurance units to CFC Insurance Holdings Ltd., Kitili Mbathi, the company’s managing director said today in the Nairobi-based Daily Nation ...
NAIROBI, July 3 (Reuters) - Kenya's CFC Stanbic Bank will raise 2-3 billion Kenya shillings ($30.26-$45 million) in the second half of the year through a private debt offer to fund branch expansion, ...
Kenyan bank CFC Stanbic has secured a $135 million dual tranche loan to be used for general corporate purposes including trade finance, it was announced on Monday. Dubai-based Emirates NBD,the ...
CFC Stanbic is banking on a new branch in Kariobangi, Nairobi, to increase its share of the retail market and shake up its sluggish loan book. It will open the 17th branch next month with its eyes on ...
NAIROBI, June 5 (Reuters) - Kenya's Stanbic Bank and CFC Bank said on Thursday they had begun operations as a joint entity after clearing legal hurdles that had delayed their merger. Stanbic Bank, ...
NAIROBI, Aug 8 (Reuters) - Kenyan financial group CFC Stanbic Holdings Ltd. CFC.NR posted a 34 percent rise in pretax profit to 4.3 billion shillings ($49 million) for the first six months of the year ...
It will now be possible for businesses to pay a large number of people through Safaricom’s M-pesa service by simply submitting their names and mobile phone numbers to a local commercial bank. CFC ...