Kenya’s commercial banks have raised alarm over the Central Bank of Kenya’s (CBK) proposed risk-based credit pricing model, warning that…
Browsing: CBK
The ongoing debate between the Central Bank of Kenya (CBK) and commercial banks over the base lending rate has sparked…
Digital credit provider Tala has laid off 28 employees from its customer operations team in a strategic move aimed at…
The Central Bank of Kenya (CBK) has announced it will lift a nearly ten-year moratorium on licensing new commercial banks,…
The Central Bank of Kenya (CBK) has cut its benchmark lending rate to 10%, the lowest since May 2023, in…
The Kenyan government has officially abandoned the ninth review of its International Monetary Fund (IMF) program, which was set to…
The Kenyan shilling has continued to weaken against the euro and the British pound, raising concerns about the cost of…
Kenya’s diaspora remittances experienced a slight dip in February 2025, with total inflows amounting to Ksh 49.3 billion. This marks…
The Central Bank of Kenya (CBK) is pushing for a significant shift in how banking license fees are determined, proposing…
The Office of the Auditor General has uncovered a troubling financial oversight involving millions of shillings in idle funds at…