Digital Credit Providers surge to 85 as CBK issues new licenses
The Central Bank of Kenya (CBK) has licensed 27 additional Digital Credit Providers (DCPs), raising the total number of licensed ...
Saturday, October 5, 2024
Tag: CBK
Shilling holds steady as foreign exchange reserves hit KES 993 billion
The Kenyan shilling remained steady against major currencies in the week ending September 12, 2024, as the Central Bank of ...
Mbadi to appoint new Monetary Policy Committee members
Newly appointed Treasury Cabinet Secretary John Mbadi is set to make significant changes at the Central Bank of Kenya (CBK) ...
Kenyan currency notes updated with new security features
In a bid to uphold constitutional standards, the Central Bank of Kenya (CBK) has announced significant changes to the Kenyan ...
Central Bank holds rate steady at 13% as inflation cools
The Central Bank of Kenya left its benchmark interest rate unchanged at 13%, citing easing inflation pressures and an improved ...
Lawmakers push for stricter rules on online credit firms
Kenyan lawmakers have called for stricter oversight of digital lending firms, citing concerns over alleged exploitation of borrowers in the ...
CBK licenses 19 more digital credit providers
The Central Bank of Kenya (CBK) has licensed 19 more digital credit providers (DCPs), bringing the total number of regulated ...
Central Bank reports eighth week of oversubscribed treasury bills
The Central Bank of Kenya has revealed the results of its weekly treasury bill auction, showing that demand for government ...
Borrowing costs rise as Equity Bank raises interest rates
Equity Bank announced today it will increase its reference lending rate by 0.68 percentage points to 18.24%, effective February 20th. ...
Central Bank projects surge in foreign inflows
The Central Bank of Kenya (CBK) anticipates a surge in foreign inflows into the Kenyan economy in 2024, marking a ...
