Enwealth receives CMA approval to operate as corporate trustee
NAIROBI, Kenya, May 29 – Enwealth Trustees Services Limited has received approval from the Capital Markets Authority to operate as a licensed corporate Kenya breaking news | Kenya news today |..
✨ Key Highlights
Enwealth Trustees Services Limited has been granted approval by the Capital Markets Authority (CMA) to operate as a licensed corporate trustee in Kenya.
- This approval expands the number of firms offering fiduciary oversight in Kenya's capital markets.
- The organization involved is Enwealth Trustees Services Limited, a subsidiary of Enwealth Group.
- The company, founded in 2011, manages approximately $900 million in assets and serves over 200 corporate clients.
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Absa Kenya Posts Sh5.3 Billion Profit After Tax in Q1 - May 2026
Absa Bank Kenya has reported a Sh5.3 billion profit after tax for the first quarter ending March 2026, driven by growth in customer deposits and balance sheet expansion despite economic challenges. The Court of Appeal has separately cleared SBM Bank Kenya to auction the high-end Alma residential development in Ruaka, allowing the bank to recover approximately Sh779 million owed on defaulted construction loans. Meanwhile, Enwealth Trustees Services Limited has been granted approval by the Capital Markets Authority to operate as a licensed corporate trustee in Kenya, expanding the range of financial services available in the market.
