The Central Bank of Kenya (CBK) increased its benchmark lending rate by one percentage point on Monday, bringing it to 10.5 percent, potentially raising the cost...
In response to complaints from lenders, the Central Bank of Kenya (CBK) has halted major banks’ efforts to increase the cost of loans for borrowers with...
The Central Bank of Kenya (CBK) has entered into an arrangement with Google in a move that will see unregistered mobile loan apps removed from Google...
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....
The National Bank of Kenya (NBK) has issued a profit warning for the financial year ended December 2018 citing higher loan impairment charges and restructuring costs....