Tag: Banks

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 ...

The Central Bank of Kenya (CBK) has revealed a rising trend that has emerged in the labor market where companies ...

The Central Bank of Kenya (CBK) has published the interest rates for all banks across the country. The review showed ...

Kenya's agricultural industry is hurting from the terrible impact of recent floods, which caused significant damage to farms, crops, and ...

Kenyan banks through the Kenya Bankers Association (KBA) have warned the government against the proposed 16% Value Added Tax (VAT) ...

Kenya’s banking industry has in recent years been in the crosshairs of national, regional and international watchdogs, given the country’s ...

The Central Bank of Kenya (CBK) has increased the benchmark for lending rates for banks across the country by 200 ...

Two leading Kenyan banks have put a total of 127 cars on auction. In notices on Wednesday, November 15, Co-operative Bank ...

International banks from Europe, the Americas and Asia pump money into projects that harm the climate. These projects include coal, ...