CIC Insurance Group CEO Patrick Nyaga-Photo|Courtesy

CIC Insurance pays Ksh 1.33bn to Co-op Bank in partial loan settlement

CIC Insurance Group has made a Ksh 1.33 billion partial repayment on a multibillion shilling loan owed to Co-operative Bank of Kenya, using proceeds from a land sale to ease a debt burden that had weighed on the insurer’s finances for years. The payment represents 27 percent of the outstanding loan, which stood at Ksh…

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Head of Risk and Compliance at the Kingdom Bank Moses Kariuki (right), receives the bank's ISO certification. Photo: Obegi Malack

New milestone as Kingdom Bank receives ISO Certification

Kingdom Bank, a subsidiary of the Co-operative Bank of Kenya reached yet another milestone in their relentless quest to provide world class service to their clientele by attaining the International Organization for Standardization/International Electrotechnical Commission (ISO/IEC 27001:2022) certification. ISO prestigious accreditation underscores the bank’s unwavering dedication to ensuring the highest standards of information security management….

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