CBK
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Finance
MPs move to stop digital lenders from “debt shaming” Kenyans
The National Assembly Committee on Finance and National Planning now wants digital lenders who share borrowers’ information in contravention of…
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Economy
MPs move to spare mobile lenders from capital rules
Mobile lenders, also known as digital lenders will not be subjected to minimum capital and liquidity requirements as the Central…
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Economy
How CEOs in Kenya perceive economic recovery path in 2021
The Monetary Policy Committee (MPC) conducted a survey through the eye of Chief Executive Officers (CEOs) in Kenya who perceived…
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Economy
Tough times looming as CBK predicts high cost of living
Kenyans are looking at tougher times ahead as the Central Bank of Kenya (CBK) predicts a high cost of living…
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Economy
Credit uptake up as CBK maintains lending rate at 7%
The growth in lending to the private sector in the country went up 7 percent in August this year, from…
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News
MPs reject Treasury bid to create special fund for debt repayment
The government has been dealt a blow in its quest to ease future cash flow pressure after Members of Parliament…
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Economy
Banking Research Conference opens with focus on post-pandemic recovery opportunities, risks
Kenya’s banking researchers kick started their 10th Kenya Bankers Association (KBA) Annual Banking research in a three day event in…
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News
Diaspora remittances up 14.2% to Ksh.34.4 billion in August
Diaspora remittances grew by 14.2 percent last month to Ksh.34.4 billion compared to Ksh.30.2 billion that was recorded same month…
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Economy
CBK releases report on Kenya’s public debt ration to GDP
The Central Bank of Kenya has released its presentation on Kenya’s debt status that was presented before the Senate Committee…
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Economy
Pre-tax profit for all banks down 29.5% to Ksh.112.1 billion
The Central Bank of Kenya (CBK) has revealed that the country’s banking sector remains resilient amidst the COVID-19 turmoil despite…
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