NCBA Bank has launched a pilot program that allows musicians to use their songs, catalogues, and royalty income as collateral for bank loans. The new initiative, co-designed with celebrated producer Morris Kobia, popularly known as Motif Di Don, aims to fill chronic financing gaps in Kenya’s creative economy, an industry valued at Ksh110 billion annually […]
Standard Bank Group’s Kenyan subsidiary, Stanbic Holdings, is reportedly in advanced talks to acquire NCBA Group Plc in a deal that could reshape Kenya’s banking landscape. According to Bloomberg, the merger would create the country’s third-largest lender with combined assets valued at approximately KSh1.1 trillion (US$8.5 billion). NCBA, which currently holds a market valuation of […]