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…

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…

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…

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…

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…

CBK Issues New Directives to 24 Banks

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