CBK

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 industry by strengthening its…

10 months ago

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 lenders, including KCB, Equity…

11 months ago

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 total number of licensed…

11 months ago

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 2025 in order to…

11 months ago

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 interest rates and rising…

11 months 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,…

11 months ago

CBK Unveils Revised Credit Pricing Model to Enhance Transparency in Lending

The Central Bank of Kenya (CBK) has announced the introduction of a revised Risk-Based Credit Pricing Model (RBCPM) for the…

11 months ago

CBK Seeks Public Input on New Rules for Non-Deposit Taking Credit Providers

The Central Bank of Kenya (CBK) has called on the public to submit comments on the draft Central Bank of…

12 months ago

Kenya Pushes for a Bill to regulate Cryptocurrency Exchanges

Kenya's Treasury has introduced the Virtual Asset Service Providers Bill, 2025, which seems to regulate cryptocurrency exchanges, custodial wallet providers,…

1 year ago

Kenya’s Largest Bank Group, KCB Complies to CBK to Cut Lending Rates

Kenya's largest lender with $10.8 billion in assets, KCB Bank Group, has complied to CBK directive to all banks to…

1 year ago