Majority of investors are changing their investment decisions and looking to reduce their cash holdings in a bid to combat inflation, a new report shows. The...
Consolidated Bank of Kenya has appointed former KCB Bank Kenya director for mortgage business Sam Muturi as the new chief executive effective Friday last week, the...
Commercial banks are now charging large companies higher interest rates on loans compared to start-ups and individual borrowers, new data from the Central Bank of Kenya...
In Kenyan banking halls, retail dollar buyers are currently paying up to Sh130 per unit, highlighting the significant difference between the official printed rate and the...
KCB Bank Kenya has partnered with a global digital payment provider to promote cross-border remittances where the lender’s customers will receive funds from the diaspora to...
The nominated cabinet secretary for Treasury Njuguna Ndung’u Thursday stated his concern about recent bank collapses, in comments seen as a veiled rebuke of Central Bank...
Top commercial banks have started increasing lending rates by up to 1.1 percentage points after the Central Bank of Kenya (CBK) raised its benchmark interest rate...
Banks’ stocks of liquid assets have dipped seven percentage points over the last year to 51.6 percent in July as lenders increased loans to the customers....
In an Islamic bank, First Community Bank (FCB)customers are panicked as they cannot access their funds. Crisis at First Community Bank as Customers are Unable to...
The Co-operative Bank of Kenya has emerged as the titleholder of the 2021 Sustainable Finance Initiative Catalyst Award, followed by Equity Bank at position two and...