Banking

Stanbic Bank Kenya, the first lender to release its financial results for Q1 2025, reported a 16.6% drop in profit after...

In 2019, Kenya's financial sector entered a new phase with the rollout of the Risk-Based Credit Pricing Model (RBCPM). This...

The Central Bank of Kenya (CBK) has taken a significant step towards greening the banking sector with the introduction of...

Kenya has emerged as a global leader in mobile banking, with platforms like M-Pesa revolutionizing financial transactions and economic activities....

Absa Bank Kenya has announced a further reduction in its lending rates for new and existing Kenya shilling-denominated credit facilities,...

Equity Bank (Kenya) Ltd has announced a 300-basis-point (3%) reduction in interest rates on all new and existing Kenya Shilling-denominated...

KCB Bank Kenya has announced a reduction in its base lending rate from 15.6% to 14.6%, following recent monetary policy...

Kenya, often referred to as the "Silicon Savannah," is emerging as a leader in technological innovation across Africa. A key shift in...

The Central Bank of Kenya (CBK) has announced the appointment of Gerald Nyaoma Arita as Deputy Governor. Nyaoma’s return to...

Kenya’s banking sector, under the Kenya Bankers Association (KBA), has pledged to reduce lending rates in response to recent Central...