The Central Bank of Kenya has agreed with the Kenya Deposit Insurance Corporation (KDIC) to have fallen Chase Bank (CBK)…
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Kenyans are keeping over Ksh995 million in their houses in denominations of Ksh1 and 50 cents, the latest data by…
The Central Bank of Kenya has given banks a green light to start charging customers for transactions above Sh100 using…
Defaults on real estate loans such as mortgages rose by Ksh5.1 billion to Ksh57.7 billion by the end of 2020.…
MPs will start debating a new Bill aimed at regulating mobile loan apps that will see them put under the…
Since April 2020, millions of Kenyans were locked out of accessing loans by mobile lending apps, after the Central Bank…
Kenyans transacted an approximated average of Ksh14.3 billion every day in the year ended December 2020, data from the Central…
Kenyans defaulted bank loans worth Ksh73 billion in the 10 months to December 2020, data from the Central Bank of…
Airtel has amended their pricing for person to person transfers and Airtel Money wallet to bank as per the guiding…
Mobile money users will starting January 2021 no longer send Sh1000 or less for free. In a statement, the Central…
Lenders will resume listing loan defaulters with Credit Reference Bureaus (CRBs) in January, following the expiry of grace period ordered…
The Central Bank of Kenya (CBK) has given a nod to banks to blacklist loan defaulters who had been pardoned…
The Central Bank of Kenya (CBK) has retained the Central Bank Rate at seven percent, terming the current monetary policy…
Data from the Central Bank of Kenya (CBK) shows that the value of mobile money transactions peaked to Sh450.98 billion…
Central Bank of Kenya’s (CBK) Monetary Policy Committee (MPC) has retained the benchmark lending rates at 7 percent for the…
The Central Bank of Kenya (CBK) will regulate monthly interests charged by digital mobile lenders in new proposed changes if…