6,779 Employees to Lose Jobs as Banks Risk Shut Down
The Kenya Bankers Association (KBA) has warned that 24 small and medium-sized local banks risk shutting down. Consequently, the Association ...
Tag: Banks
Govt Clarifies Cash Shortage in Banks
The Central Bank of Kenya (CBK) has responded to reports of cash shortage within the Kenyan Banking sector. In a ...
Why Companies Are Firing Permanent Employees in 2024- CBK
The Central Bank of Kenya (CBK) has revealed a rising trend that has emerged in the labor market where companies ...
CBK Reveals Banks with Highest & Lowest Loan Rates
The Central Bank of Kenya (CBK) has published the interest rates for all banks across the country. The review showed ...
Role of Banks in Supporting Climate Resilience for Agricultural Recovery
Kenya's agricultural industry is hurting from the terrible impact of recent floods, which caused significant damage to farms, crops, and ...
Banks Send Stern Message to Ruto Over Proposed 16% VAT
Kenyan banks through the Kenya Bankers Association (KBA) have warned the government against the proposed 16% Value Added Tax (VAT) ...
Kenya Has Tightened Its Laws to Stop Money Laundering: Why Banks Are the Focus
Kenya’s banking industry has in recent years been in the crosshairs of national, regional and international watchdogs, given the country’s ...
More Pain as CBK Hikes Loan Interest Rates to Record High
The Central Bank of Kenya (CBK) has increased the benchmark for lending rates for banks across the country by 200 ...
Banks Put Luxury Vehicles on Sale as Economy Bites
Two leading Kenyan banks have put a total of 127 cars on auction. In notices on Wednesday, November 15, Co-operative Bank ...
How Banks Contribute to the Climate Change Crisis
International banks from Europe, the Americas and Asia pump money into projects that harm the climate. These projects include coal, ...
