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Banking

CBK PROPOSES NEW RULES FOR DIGITAL LENDERS, SEEKS PUBLIC FEEDBACK

CBK PROPOSES NEW RULES FOR DIGITAL LENDERS, SEEKS PUBLIC FEEDBACK

The Central Bank of Kenya (CBK) has proposed new regulations aimed at tightening oversight of digital lenders and enhancing consumer protection in the fast-growing digital credit market. The draft Non‑Deposit …

NATIONAL BANK REVISES LENDING RATES IN LINE WITH CBK POLICY SHIFT

NATIONAL BANK REVISES LENDING RATES IN LINE WITH CBK POLICY SHIFT

The National Bank of Kenya (NBK) has revised its loan pricing model, shifting from the traditional base rate to a new reference rate framework pegged to the interbank rate. In …

MOHAMMED NYAOGA APPOINTED TO ABSA BANK KENYA BOARD AS INDEPENDENT DIRECTOR

MOHAMMED NYAOGA APPOINTED TO ABSA BANK KENYA BOARD AS INDEPENDENT DIRECTOR

Absa Bank Kenya PLC has announced the appointment of seasoned legal and governance expert Mohammed Nyaoga as an Independent Non-Executive Director, effective August 1, 2025. In a notice dated July …

STANBIC BANK KENYA CROWNED BEST INVESTMENT BANK IN 2025 EUROMONEY AWARDS

STANBIC BANK KENYA CROWNED BEST INVESTMENT BANK IN 2025 EUROMONEY AWARDS

Stanbic Bank Kenya has been named Kenya’s Best Investment Bank in the prestigious 2025 Euromoney Awards for Excellence, affirming its dominance in the financial services sector. The accolade recognizes the …

Latest Articles

  • WHY KENYAN BANKS ARE WORRIED ABOUT HAWALA SYSTEM
    WHY KENYAN BANKS ARE WORRIED ABOUT HAWALA SYSTEM

    Kenyan banks and financial regulators have raised concerns over the growing use of Hawala, an informal money transfer system that operates outside the traditional banking framework. Authorities fear the system …

  • Bank Sues CS Joho Over Loan Default
    Bank Sues CS Joho Over Loan Default

    A Kenyan bank has taken legal action against Mining Cabinet Secretary Hassan Joho in an effort to recover a substantial loan. While the exact amount owed remains undisclosed, sources indicate …