KCB issued Sh8b in mobile loans to 13m customers from Jan – March

Capital Business

Business / Capital Business 46 Views comments

Chief Executive Officer Joshua Oigara said the Group is keen on further bolstering non-interest income NAIROBI, Kenya, May 16 – KCB Group issued Sh8 billion in mobile loans in the first quarter of 2018. While announcing its Q1 results, where the group declared a profit of Sh5.18 billion, the lender issued the loans to 13 million customers through its KCB M-Pesa platform. Chief Executive Officer Joshua Oigara said the Group is keen on further bolstering non-interest income with a continued investment in new technology-based financial solutions f...

Comments