Commercial International Bank (CIB) plans to grow in Kenya by introducing a new approach to lending,…
Tag: Central Bank of Kenya
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…
How API economy is driving inclusive growth through open finance
By Esther Waititu Africa’s digital financial landscape is undergoing a profound transformation. What began with mobile…
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…
Tendepay secures CBK approval to offer payment services
Tendepay has received approval from the Central Bank of Kenya (CBK) to operate as a licensed…
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…
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…
Commercial banks earmark Kshs 450 billion for financing MSMEs
Commercial banks have committed Kshs 450 billion financial support towards Micro, Small, and Medium-sized enterprises (MSMEs)…
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…
Licensed digital lenders hit 58 as CBK certifies seven applicants
Seven more Digital Credit Providers (DCPs) have been licensed to operate in Kenya by the Central…
KCB signs deal to sell NBK to Nigeria’s Access Bank
KCB Group PLC has signed a binding agreement to sell 100% shareholding in National Bank of…
European Investment Bank boosts climate action in Kenya
The European Investment Bank and the Central Bank of Kenya have launched a new climate finance…
Airtel Money increases daily transaction limit to half a million
Airtel Money Kenya Ltd has received approval from the Central Bank of Kenya (CBK) to increase the…
CBK enhances monetary policy transmission through DhowCSD
The Monetary Policy Committee (MPC) that met on August 9, 2023, considered and approved measures aimed…