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…

Kenya’s Banking Sector Shrinks for First Time in 22 Years as Bad Loans Surge

Kenya’s commercial banks posted their first asset contraction in over two decades in 2024, hit by…

CBK Issues Guideline to Protect Banks Against Panic Withdrawals

The Central Bank of Kenya (CBK) has provided fresh guidelines, urging commercial banks across the country…

CBK Mounts Pressure on Commercial Banks to Reduce Lending Rates

The Central Bank of Kenya (CBK) is mounting more pressure on commercial banks to reduce borrowing…