The Central Bank of Kenya (CBK) is moving to clean up the physical currency in circulation…
Tag: CBK
Financial Regulators Caution on Technology Risks as Sector Embraces Innovation
Kenya’s financial sector regulators have commended the rapid adoption of technology-driven innovations transforming the financial ecosystem,…
CBK Launches Second Bond Buyback as Treasury Moves to Ease Kenya’s Debt Burden
The Central Bank of Kenya (CBK) has launched a second bond buyback program aimed at reducing…
Kenyans Rush for Government Bonds as Returns Hit Double Digits
More Kenyans are investing in government bonds, attracted by high returns and an easy mobile sign-up…
CBK Tightens Rules to Boost Confidence in Credit Guarantee Sector
The Central Bank of Kenya (CBK) has unveiled draft regulations that could transform Kenya’s credit guarantee…
Kenyan Savers Lose Sh22 Billion as Banks Slash Deposit Rates
Kenyans with bank savings earned Sh22 billion less in the year to June 2025 after major…
CBK Licenses 27 More Digital Credit Providers, Raising Total to 153
The Central Bank of Kenya (CBK) has approved 27 additional Digital Credit Providers (DCPs), increasing the…
Eleven Banks Face Deadline to Raise Sh15 Billion or Lose Licenses
Eleven commercial banks in Kenya are under pressure to raise a combined Ksh15 billion by December…
Banks Cut Household Lending for First Time in Seven Years as Defaults Surge
Kenyan banks reduced lending to households in 2024 for the first time since 2017, as high…
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…