Kenya’s Lending Rates Drop to 15%—But Borrowers Still Feel the Heat
Kenya’s average bank lending rate fell to 15% in March 2025—the lowest level recorded in...
Banking
Co-op, NCBA Join KCB and Equity Among Africa’s Top 25 Banks by Assets
Kenya’s banking sector has marked another milestone on the continental stage, with Co-operative Bank and...
Equity Bank Clears Path to Middle East: Shareholders Approve UAE Expansion Plan
Equity Group Holdings has secured shareholder approval to set up a representative office in the...
CBK Extends Bulk Payment Settlement Hours to Boost Efficiency of Large-Value Transactions
The Central Bank of Kenya (CBK) has extended the operating hours of its Kenya Electronic...
Co-op Bank CEO Muriuki Earns Record Ksh475M as Bank Delivers Robust 2024 Performance
Gideon Muriuki, CEO of Co-operative Bank of Kenya, took home a record Ksh475 million ($3.65...
Auditor Flags Troubled Consolidated Bank Over Management Breaches and System Failures
The Auditor-General has raised fresh red flags over the troubled Consolidated Bank of Kenya, citing...
CBK Eases Lending: MPC Cuts Base Rate to 9.75% in Surprise Move
In a slight but notable shift in monetary policy, the Central Bank of Kenya (CBK)...
World Bank Cuts Kenya’s 2025 Growth Forecast to 4.5% Over Debt and Credit Woes
The World Bank has revised Kenya’s 2025 economic growth forecast downward to 4.5%, from a...
Britam Buys Sh764 Million Stake in Nigerian Reinsurer in Regional Revenue Push
Nairobi, June 8, 2025 — Kenyan financial services giant Britam Holdings Plc has acquired a...
CBK Licenses 41 More Digital Lenders, Total Now at 126 Amid Regulatory Push
The Central Bank of Kenya (CBK) has approved 41 additional Digital Credit Providers (DCPs), increasing...
