Banks

Inflation Pressures Raise Expectations of CBK Interest Rate Increase

Rising inflation pressures are increasing expectations that the Central Bank of Kenya (CBK) could raise its benchmark lending rate on…

2 weeks ago

CBK Extends Loan Pricing Deadline for Banks by Six Months

The Central Bank of Kenya (CBK) has granted commercial lenders additional time to transition to a new loan pricing framework,…

9 months ago

CBK Issues New Directives to 24 Banks

The Central Bank of Kenya (CBK) has issued a new directive 24 banks, ordering them to submit capital enhancement plans…

1 year ago

Banks That Can’t Cut Lending Costs to Face Penalty by CBK

The Central Bank of Kenya (CBK) has taken route to implement aggressive measures that would see banks cutting lending rates…

1 year ago