Banking

The Kenya Deposit Insurance Corporation (KDIC) has announced the commencement of the third dividend payment to all eligible depositors and...

Equity Bank has announced that its transactional services will undergo a planned 3-hour system downtime, during which certain services will...

Kenyan banks, including Equity Bank, have begun lowering loan interest rates following the Central Bank of Kenya’s decision to reduce...

Absa Group is set to appoint Sitoyo Lopokoiyit, the current chief executive officer of M-Pesa Africa, as the new head...

The Central Bank of Kenya (CBK) has lowered the Central Bank Rate (CBR) again, marking the 10th straight cut since...

The Kenya Bankers Association (KBA) has called on the Central Bank of Kenya (CBK) to retain the benchmark rate at...

NCBA Bank Kenya and Uganda have successfully achieved dual ISO certification from the British Standards Institution (BSI), a global accreditation...

Kenyan lenders Equity Bank and Diamond Trust Bank (DTB) have advised customers with existing variable‑rate Kenya Shilling loans to prepare...

Co-operative Bank has announced a change to how interest rates for existing variable-rate Kenya Shilling loans will be determined, following...

KCB Bank Kenya Limited has issued a public notice on the implementation of the revised Risk-Based Credit Pricing Model for...

Commercial bank lending rates in Kenya have continued to stabilize in January 2026, following sustained monetary easing by the Central...

The Consolidated Bank of Kenya has invited competent, qualified, and self-driven candidates to apply for eight job vacancies across various...

The Sacco Societies Regulatory Authority (SASRA) has issued a directive requiring all regulated Savings and Credit Cooperative Organizations (SACCOs) to...

PAUL RUSSO NAME  PAUL RUSSO AGE  49 YEARS GENDER  MALE OCCUPATION BANKER Paul Russo is a Kenyan banker and the...

Kenyan commercial banks are required to meet an interim minimum core capital of Ksh 3 billion by the end of...

Savings and Credit Cooperative Organisations, commonly referred to as SACCOs, are member-owned financial cooperatives that help individuals save, access affordable...

Direct transfers between SACCOs are rare; often, the process involves withdrawing shares from the old SACCO and reinvesting in the...

In Kenya, the calculation of Sacco dividends is a structured process governed by the Sacco Societies Regulatory Authority (SASRA) to...

Standard Chartered Bank Kenya has updated its individual account tariffs detailing the charges customers will pay across key everyday banking...

The Diamond Trust Bank (DTB) has lowered its lending rates following the Central Bank of Kenya’s move to cut the...

The African Development Bank Group (AfDB) and KCB Bank Kenya Limited have signed a $150 million (Ksh19.365 billion) financing agreement...

Kenya’s major lenders, KCB and Equity Bank, have revised their loan pricing structures following the Central Bank of Kenya’s revision...

The Central Bank of Kenya (CBK) has lowered its benchmark lending rate again, offering fresh relief to borrowers. The Monetary...

The Supreme Court on December 5, 2025, ruled that fees banks pay to card companies are not royalties and are...

A UK-based magazine, The Banker, has named Absa Bank Kenya as Kenya’s Bank of the Year 2025. According to the publisher,...

The Kenya Bankers Association (KBA) is calling on the Central Bank of Kenya (CBK) to implement another cut to the...

HF Group has announced that the Capital Markets Authority approved the issuance and listing of 94,274,401 new ordinary shares to...

Equity Bank Kenya has announced a planned maintenance affecting several services across its self-service banking terminals and digital banking channels,...

Since August 2024, the Central Bank of Kenya (CBK) has progressively cut the Central Bank Rate (CBR) severally and rolled...

NCBA Group PLC has announced the appointment of Muhoho Kenyatta as a Non-Executive Director. In a notice on Wednesday, November...