Tag: Banks

Hello, this is Jason. Welcome to today’s edition of The Business Roundup, where we bring you the latest updates on ...

All commercial banks in Kenya will be expected to implement the new proposed banking sector Risk-Based Credit Pricing (RBCP) model, ...

The top 10 banks in Kenya are controlling more than three-quarters of the market, according to the Central Bank of ...

The Central Bank of Kenya (CBK) has fined 11 commercial banks and forex bureaus a combined Ksh191 million for violating ...

The Kenya Bankers Association (KBA) is calling on the Central Bank of Kenya (CBK) to lower the Central Bank Rate ...

President William Ruto has called out the banking sector over high interest rates, questioning why lending costs remain steep despite ...

The Central Bank of Kenya (CBK) has announced a new lending framework requiring all banks to use the interbank rate ...

Kenyan commercial banks have backed a Ksh19.3 billion ($150 million) financing deal to accelerate the rollout of off-grid solar energy ...

Kenya’s banking sector has sounded an alarm over an informal money transfer system that moves billions across borders, without a ...

Kenyans travelling out of the country can now carry a maximum of Ksh1.9 million (approximately USD 15,000) in physical cash, ...

Banks in Kenya are physically transporting large amounts of cash across borders, with the United Kingdom, South Sudan, and the ...

SBM Bank Kenya is a leading financial institution in Kenya, with its headquarters in Mauritius. The bank is regulated by ...

The Central Bank of Kenya (CBK) has revealed that Kenyan banks are set to increase their workforce in 2025, with ...

Kenyans are set to enjoy cheaper bank loans following a decision by the Central Bank of Kenya (CBK) to lower ...

Equity Bank Kenya Limited is a Nairobi-based financial institution offering retail and commercial banking services.  The bank is a company ...

The Central Bank of Kenya (CBK) has denied claims that it is quietly reintroducing interest rate caps through its proposed ...

The government will engage the Central Bank of Kenya (CBK), commercial banks, and all players in the banking sector to ...

The Central Bank of Kenya (CBK) has announced the average commercial bank lending interest rates for March 2025. In a ...

I&M Bank customers should brace for higher banking costs as the lender plans to implement revised service tariffs effective May ...

Kenyans to enjoy cheaper loans following a reduction in lending rates by the National Commercial Bank of Africa (NCBA). In ...

Starting a bank or mortgage finance company in Kenya requires deep pockets, among many other stringent regulations. According to the ...

The Central Bank of Kenya (CBK) has announced that it will lift the 10-year ban on licensing new commercial banks. ...

Shareholders of most banks in Kenya are preparing to pocket more from dividend payouts after recording billions in profit after ...

The Kenya Bankers Association (KBA) has announced that it is implementing Ksh2 million ($15,000) maximum withdrawal limit under the Anti-Money ...

Banks and digital lenders will no longer have to come and collect property as collateral for loans borrowers are unable ...

Several Kenyan banks are lowering their lending rates following the Central Bank of Kenya’s (CBK) decision to cut the Central ...

Employers in the banking sector have revealed that they will hire employees in 2025. According to the Central Bank of ...

Kenyan Banks have announced plans to offer cheaper loans beginning December, by lowering their interest rates.  The Kenya Bankers Association ...

The Kenya Bankers Association (KBA) has warned that 24 small and medium-sized local banks risk shutting down. Consequently, the Association ...

The Central Bank of Kenya (CBK) has responded to reports of cash shortage within the Kenyan Banking sector.  In a ...