Consumer complaints against digital lenders surged sharply over the past year. The platforms accounted for the…
Tag: Central Bank of Kenya
Court Clears Way for Nairobi County to Resume Financial Operations
The High Court has directed the Central Bank of Kenya (CBK) to restore Nairobi County’s banking…
New Law Gives CBK Powers to Rescue Systemically Important Banks During Financial Crises
Kenya has enacted a new law strengthening the Central Bank of Kenya’s crisis response powers. The…
Farm Credit Gap Leaves Majority of Small holders Outside Formal Lending
A growing financing gap is leaving many of Kenya’s smallholder farmers outside the formal banking system…
Weak Investor Uptake Casts Doubt on CBK’s Switch Bond Strategy
The Central Bank of Kenya is pushing ahead with its plan to refinance maturing debt through…
Fears Rise Over Heavy Government Borrowing Despite CBK Assurances
Fears have emerged over Kenya’s sharply increased domestic borrowing target for the 2025/26 financial year, even…
NSE-Listed Co-operative Bank Plans Name Change in Major Restructuring
Co-operative Bank of Kenya, which is listed on the Nairobi Securities Exchange, is planning a major…
Treasury Turns to Local Borrowing as External Financing Delays Persist
Kenya’s Treasury has again shifted its financing strategy toward the domestic market, reducing its reliance on…
CBK Raises Sh50.19 Billion as Strong Demand Drives Bond Sale Above Target
The Central Bank of Kenya (CBK) raised KSh50.19 billion in its April reopening of two fixed-coupon…
CBK Warns of Legal Action Over Defaced Banknotes
Romantic gestures involving flashy cash bouquets could soon attract legal consequences, after the Central Bank of…