Motorcycle and smartphone financier, Mogo has deployed the use of artificial intelligence to drastically reduce customer…
Tag: CBK
How Absa Next works and what customers get
Have you downloaded the Absa Next app from the Google Play Store or Apple App Store…
Mogo trains 800 Narok boda boda riders on financial literacy
Over 800 boda boda riders in Narok County are receiving financial literacy training to help them…
Upesi crosses Ksh 20 billion milestone in cross border transfers
Digital money transfer company Upesi says it has surpassed Ksh 20 billion in cumulative cross-border transaction…
Family Bank share price jumps 30pc on high investor interest
Family Bank shares surged 29.96% at the Nairobi Securities Exchange (NSE) in July 2026, emerging among…
Why Kenya is supporting commercialisation of student talents
The government plans to step up commercialisation of student talents to tap into the lucrative global…
Why new digital currency regulations offer business opportunities
By Stella Mambo Kenya has now concluded public consultations on the Draft Virtual Asset Service Providers…
Nigeria’s Zenith Bank acquires Kenya’s Paramount Bank
Nigeria’s Zenith Bank PLC has 100 percent of the shareholding in Kenyan lender, Paramount Bank,following regulatory…
Why CBK has banned cash flower bouquets in Kenya
The Central Bank of Kenya (CBK) has cautioned those involved in preparation of cash flower bouquets…
M-Shwari dismisses fraud claims involving a customer
M-Shwari has dismissed fraud claims by a customer. “We wish to confirm that the allegations are…
The list of 195 digital lenders licensed by CBK to operate in Kenya
Forty-two digital lenders have been licensed to operate in Kenya pushing up their total number to…
How to make the most of your bank cards this festive season
Many of us are preparing for travel, family gatherings, and the familiar rush of holiday spending…
Stanbic slashes mortgage rate to 8.99%, the lowest in Kenya
Stanbic Bank Kenya has introduced a new, limited-time home loan offering at a fixed interest rate…
Why tourism players want KWS park fee payment system reviewed
The Kenya Tourism Federation (KTF), which represents private sector associations in Kenya’s tourism industry, is concerned…
Why CIB Kenya is leveraging cashflow lending to anchor its growth
Commercial International Bank (CIB) plans to grow in Kenya by introducing a new approach to lending,…
Craft Silicon pioneers TouristTap, a cashless mobile app
Fintech firm Craft Silicon has partnered with Mastercard to launch the TouristTap, a mobile app that…
CBK sets up Cybersecurity Operations Centre to fight fraudsters
The Central Bank of Kenya (CBK) has established the Banking Sector Cybersecurity Operations Centre (BS-SOC)to coordinate…
Former CBK boss takes over as Absa Bank Kenya chairperson
Absa Bank Kenya PLC has appointed former Central Bank of Kenya (CBK) Chairperson Mohammed Nyaoga, as…
Why smartphone users should be wary of data privacy issues
Mobile phones are no longer just communication devices. They are gateways to our personal, professional, and…
The list of 153 digital lenders licensed by the Central Bank of Kenya
The Central Bank of Kenya (CBK) has licensed 27 Digital Credit Providers pushing the total number…
Why CBK is inviting public views on digital lenders
The Central Bank of Kenya (CBK) has developed the draft CBK (Non- Deposit Taking Credit Providers)…
Former CBK boss lands top job at Absa Bank Kenya
Former Central Bank of Kenya Chairperson Mohammed Nyaoga has joined the Board of Directors of Absa…
Why CBK has closed another commercial bank
A Pakistan-headquartered commercial bank has exited the Kenyan market. A statement from the Central Bank of…
Why CBK has extended electronic payment and settlement system hours
You will have more time to transfer cash in formal financial institutions form July 2025 following…
The list of 126 digital lenders licensed to operate in Kenya
The Central Bank of Kenya (CBK) has licensed 41 Digital Credit Providers (DCPs) pushing the total…
Why NCBA Bank has slashed interest rates on loans
Borrowers in Kenya will enjoy cheaper loans form NCBA Bank following the lender’s decision to reduce…
Kenya lifts 10-year freeze on licensing of new banks
The government of Kenya has lifted a moratorium on licensing of commercial banks that has been…
Nigeria’s Access Bank completes acquisition ofNational Bank of Kenya
The Central Bank of Kenya (CBK) says Nigeria based Access Bank PLC has completed processes for…
How KCB is facilitating cross-border transactions
KCB Group has signed a Pan-African Payment and Settlement System (PAPSS) to enhance cross-border trade and…
Tendepay secures CBK approval to offer payment services
Tendepay has received approval from the Central Bank of Kenya (CBK) to operate as a licensed…
Co-op Bank slashes lending rates to 14.5% with immediate effect
Existing and new borrowers at Co-operative Bank of Kenya will enjoy a lower lending rate following…
Why Kenyan banks charging high interest rates will be penalised
The Central Bank of Kenya (CBK) has lowered the benchmark lending rate by 50 basis points…
How a Kshs 400,000 loan financed Family Bank’s growth
A loan of Kshs 400,000 and a vision to champion finncial inclusion is all that Family…
Why I&M Bank has reduced lending rates by 0.75%
I&M Bank has announced plans to reduce lending rates by 50 basis points effective from 23rd…
Why 61st AERC Biannual Plenary Session is focusing on FinTechs
Africa’s FinTech market is projected to grow thirteenfold to US$65 billion by 2030 and will have…
Kenya releases new currency notes with enhanced security features
The Central Bank of Kenya (CBK) has announced the introduction of new currency notes that it…
Co-op Bank offers cheapest overdrafts, beats peers in cheap loans
Co-operative Bank of Kenya is the to go to bank if you are looking for the…
CBK vets and licenses 85 digital lenders from 730 applications
There are 85 licensed digital lenders in Kenya following the approval of 27 applicants to legally…
CBK data: Cooperative Bank beats peers in offering cheap loans
If you are seeking a personal or business loan, Co-operative Bank of Kenya should be your…
Co-op Bank has lowest overdraft rates for tier one banks in Kenya
Cooperative Bank of Kenya has the cheapest loan rates for tier-one commercial banks in Kenya for…
Cash you can win during Absa Bank “Change your story” campaign
Absa Bank Kenya has launched the “Change Your Story” campaign to encourage consumers to use digital…
Co-op Bank offers the cheapest loans in Tier One banks category
Cooperative Bank of Kenya is the most cost friendly lender in the top tier banks category…
Kenya for the second time in 5 years redesigns all currency notes
Kenya has issued new currency notes, five years after redesigning the banknotes. In a statement, the…
Why banks are now refocusing growth plan on regional towns
Kenyan bankers are rediscovering new pockets of growth in banking away from the cities to populous…