CBK Unveils New Rules Targeting Kenyan Banks
Kenya’s biggest banks could face tougher requirements and stricter oversight under new CBK rules aimed at guarding against financial shocks.
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Kenya’s biggest banks could face tougher requirements and stricter oversight under new CBK rules aimed at guarding against financial shocks.
CBK has intensified its licensing drive to curb unregulated digital lenders accused of high costs, unethical debt collection and data misuse.
HALI ngumu ya maisha imesukuma mamilioni ya Wakenya kutafuta mikopo ya kidijitali ili kukidhi mahitaji ya kila siku, huku zaidi ya akaunti milioni nane zikikopa zaidi ya Sh150 bili...
The Central Bank of Kenya (CBK) has licensed 29 more digital credit providers (DCPs), bringing the total number of regulated lenders in the sector to 281. In a September 30 press r...
BENKI ya KCB imepiga ripoti kwa DCI ikitaka ichunguze kampuni ya Foxcapital inayodai ilituma Sh146 bilioni kwenye akaunti yake kutoka ng’ambo kuhusiana na uwekezaji wa dhamana za s...
CBK last reduced the lending rates on February 10, 2026, maintaining the base rate for eight straight months.
The proposed rules will govern payment providers on how they handle customers' money.
CBK also noted that demand for affordable credit remains unmet, particularly among small and medium-sized enterprises, despite the average lending rate having fallen.
The Central Bank of Kenya has raised its 2026 growth projection to 5% from 4.9%, while September inflation climbed to 6.8% on higher milk prices and the MPC held its benchmark rate...
The bankers have warned of risks to economic recovery due to higher fuel and food prices, rising production costs, and transport costs.
Treasury anticipates Kenya's public debt will increase by Ksh1.3529 trillion, around 5.9 per cent of GDP, in 2027/2028.
The CBK survey was conducted between September 21 and 25, 2026, and collected responses from 466 farmers, retailers and wholesalers across Kenya.
The Monetary Policy Committee is set to meet on Wednesday amid rising inflation and the cost of goods as well as higher fuel prices.
Ili kupata uwekezaji zaidi, kuongeza uwazi na uwajibikaji, Serikali imeanza kufanya mapitio ya taasisi zinazokidhi vigezo vya kuorodheshwa katika soko la hisa la Dar es Salaam (DSE...
The regulator has asked Kenyans who have previously traded on the affected platforms to volunteer information to investigative agencies.
TCB Bank has confirmed preparations to enter the capital market as the Tanzanian government targets up to five state-owned company listings at the Dar es Salaam Stock Exchange (DSE...
Tanzania's NMB Bank ranked 9th and CRDB Bank 41st among banks holding USD 3 billion to USD 10 billion in assets in the inaugural Forbes Top Performing Banks 2026 ranking. The two i...
Benki ya CRDB imetangazwa kuwa Benki Bora Tanzania kwa mwaka 2026 na jarida la kimataifa la Global Finance, ikitambuliwa kwa uimara wa kifedha, utekelezaji wa mikakati ya biashara,...
Treasury’s Public Debt Management Director General, Raphael Owino, confirmed the talks, saying the loan is expected before the end of the 2026/27 financial year.
According to a Central Bank report published in July this year, most local commercial banks charge interest rates of between 10.59 and 19.06 per cent.
According to CAK, the foreign company is expected to hold 60 per cent of the stake while the Kenyan government will retain a 40 per cent stake.
Leaked reports claim Citigroup had been brought in to unlock the stalled deal, but the National Treasury denies formal contract with the bank.
A court has explained when banks may be required to compensate customers after fraudsters steal money from their accounts.
The funding will support businesses in sectors including manufacturing, agriculture, agro-processing, horticulture, floriculture, logistics, and tourism.
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