NAIROBI: NIC Bank has announced an oversubscription of its third rights issue which targeted to raise Sh2.1 billion to boost capital and grow its retail and small and medium Enterprises (SMEs) ...

NIC Bank, the first lender to release its financial results for three full months under the interest rate cap, has seen a 3.8 per cent decline in its net profit. The bank’s first quarter total income ...

NIC Bank has annouced a 9 per cent rise in net profit for the first nine months of this year to Sh3.6 billion the lender said on Wednesday. Photo/FILE NIC Bank has bought out nearly all minority ...

NIC Bank plans to borrow Sh4.8 billion from the International Finance Corporation (IFC), making the World Bank arm its proposed third funding source. A disclosure document released by the private ...

NAIROBI, Oct 10 (Reuters) - Kenyan lender NIC Bankhas raised 2 billion shillings ($24 million) from anover-subscribed rights issue that will fund expansion and a newbanking platform. The bank, a ...

Nepal Industrial & Commercial Bank (NIC-Bank) has been ranked number one by Nepal Rastra Bank (NRB), the central bank of the country, based on the result of an in-depth study of overall portfolio ...

NAIROBI (Reuters) - Kenya's NIC Bank has been appointed as a consultant to assess the assets and liabilities of Imperial Bank, which was put into receivership in October after fraud was uncovered, the ...

The NIC mobile application will be available for download to registered customers. (Image Source: executive-magazine.com) NIC Bank, located in Kenya, has launched a mobile app that is intended to ...

After forensic investigation of illegal fund transfer with its SWIFT server, NIC Asia Bank has sought support from the Central Investigation Bureau of Nepal Police to track down the hacker. NIC Asia ...

“Our cost of funds is relatively high and that is why the strategy to expand our branch network, reach more pockets of deposits and liquidity,” John Gachora said in his office on Monday. When ...

Commercial Bank of Africa (CBA) and NIC Group have confirmed their merger plan whose completion will see the unified banks listed on the Nairobi Securities Exchange (NSE). CBA shareholders will be ...

NIC Bank Kenya PLC, today announced that it has successfully transformed multiple banking processes, using Newgen's Business Process Management based banking solutions. With its focus on innovation ...