Topic: CBK
Survey points to mounting repayment pressure on personal borrowers
Aug 14, 2025 at 04:31 PM
Kenya’s lenders are preparing for more households to fall behind on loan repayments in the coming quarter, even as their total asset base swelled to Sh7.85 trillion by the end of...
CBK cuts Kenya’s base lending rate again
Aug 12, 2025 at 08:22 PM
Kenya’s base lending rate has been trimmed to 9.5 per cent, the Central Bank of Kenya (CBK) announced on Tuesday, marking a 25-basis-point drop from the previous 9.75 per cent....
Digital lenders expand rapidly amid Sh3.5 billion microfinance sector loss
Aug 11, 2025 at 05:32 PM
Kenya’s microfinance banking sector has sunk deeper into the red, with losses spiralling to Sh3.5 billion, raising alarm over the stability of a financial industry once celebrate...
Kenya unveils first remittance household survey as inflows top Sh666.7 billion
Aug 05, 2025 at 03:35 PM
Kenya has rolled out a national household survey to track how families are sending and receiving remittances, following a record-breaking Sh666.7 billion in cross-border inflows in...
CBK adopts interbank rate as new benchmark in credit pricing overhaul
Jul 24, 2025 at 04:24 PM
Sweeping changes to Kenya’s credit pricing system are now underway following the Central Bank of Kenya’s decision to adopt the interbank rate as the primary benchmark for deter...
Kenya explores India’s UPI system to reshape digital payments, lower costs
Jun 23, 2025 at 10:35 PM
Kenya is holding talks that could reshape its digital payments ecosystem, as the country seeks to introduce India’s Unified Payments Interface (UPI)....
RTGS operation now extended by 4 hours
Jun 18, 2025 at 11:09 AM
The Central Bank of Kenya (CBK) will extend the operating hours for the Kenya Electronic Payment and Settlement System (KEPSS) from July 1, 2025, in a move intended to enhance the ...
KEPSA and private sector leaders want banks to fund MSMEs, not state debt
Jun 12, 2025 at 03:51 PM
Calls for Kenya’s banking sector to abandon the comfort of state-backed securities and redirect credit to small businesses are growing louder, as private sector leaders intensify...
Kenya set to resume IMF talks as CBK signals new push for foreign funding
Jun 12, 2025 at 11:21 AM
Kenya will begin formal negotiations with the International Monetary Fund (IMF) in September, as the government moves to secure a new funding arrangement and undergo its scheduled ...
CBK marginally cuts benchmark lending rate in its latest review as inflation drops
Jun 11, 2025 at 03:49 PM
Kenya’s central bank has slashed its benchmark lending rate by 25 basis points to 9.75 per cent, citing easing inflation and signs of recovery in private sector credit and econom...
KRA collects record Sh3.1 trillion, 6.1 per cent revenue growth despite slowdown
May 09, 2025 at 01:01 AM
The Kenya Revenue Authority (KRA) has crossed a historic threshold, announcing it has collected Sh3.113 trillion by April 30, 2025 — marking the first time the taxman has surpass...
NSE investors lose Sh10 billion as US dollar grapples with Trump tariffs
May 05, 2025 at 12:09 PM
Investors at the Nairobi Securities Exchange (NSE) saw nearly Sh10 billion wiped off their paper wealth last week as the bourse mirrored a global cooling in market activity....
Why banks in Kenya are opposing CBK proposal on risk-based credit pricing
May 01, 2025 at 03:21 PM
Kenyan banks have opposed a proposal by Central Bank of Kenya (CBK) to adopt the Central Bank Rate (CBR) as the sole base reference rate merged with a regulated lending premium....
Kenya mulls adding gold to diversify reserves and reduce dollar reliance
Apr 25, 2025 at 09:51 PM
Kenya may soon begin stockpiling gold as part of its foreign exchange reserve strategy, joining a growing number of countries seeking to shield their economies from currency shocks...
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CECILIA MAKAU: Bancassurance is driving insurance uptake among SMEs
Apr 24, 2025 at 05:54 PM
Kenyan banks have in recent years ramped up their insurance product offerings as the country pushes to lift uptake beyond 2.3 per cent....
CBK seeks public input on new credit pricing model to reform lending rates
Apr 23, 2025 at 03:41 PM
The Central Bank of Kenya (CBK) has invited public comments on a proposed revision to the Risk-Based Credit Pricing Model, aiming to enhance transparency and ensure lending rates r...
CBK lifts decade-long moratorium on licencing of new commercial banks
Apr 16, 2025 at 07:57 PM
New commercial banks will once again be able to establish their presence in Kenya starting July 1, 2025, following a decision by the Central Bank of Kenya (CBK) to lift the morator...
KCB becomes first bank to act on CBK order, cuts lending rate to 13.85 per cent
Apr 10, 2025 at 03:33 PM
KCB Bank has taken the lead among Kenyan lenders by lowering its base lending rate from 14.6 per cent to 13.85 per cent per annum, becoming the first financial institution to respo...
CBK cuts benchmark rate by 75 basis points to 10 per cent, lowest since 2023
Apr 09, 2025 at 07:04 PM
The Central Bank of Kenya (CBK) has cut the benchmark interest rate by 75 basis points to 10.00 per cent—its lowest level since May 2023—as part of efforts to stimulate bank le...
Thugge downplays impact of Trump's proposed tariff hike on Kenya's exports
Apr 09, 2025 at 04:15 PM
Central Bank of Kenya (CBK) Governor Kamau Thugge has sought to alleviate concerns over the proposed 10 per cent tariff hike on Kenyan exports to the United States, stressing that ...
