Topic: CBK
KPMG report shows banks turning to AI, automation as jobs come under threat
Sep 11, 2025 at 11:59 AM
A report by KPMG has revealed that banks worldwide are preparing for sweeping cost reductions, with most of them expecting automation and artificial intelligence to drive savings o...
CBK earns ISO/IEC certification for excellence in IT Service Management
Sep 09, 2025 at 11:40 PM
The Central Bank of Kenya (CBK) has successfully attained the ISO/IEC 20000-1:2018 Certification for its Information Technology Service Management (ITSM)....
CBK announces approval of 27 more digital lenders, bringing total to 153
Sep 04, 2025 at 05:27 PM
Kenya’s digital credit market has grown further after the Central Bank of Kenya (CBK) licensed 27 more Digital Credit Providers (DCPs), raising the total number of authorised fir...
Treasury exposes online scam luring Kenyans with fake Govt investment drive
Sep 04, 2025 at 11:47 AM
Kenyans have been warned to steer clear of a fraudulent investment drive that has been circulating online under the guise of the National Treasury....
Kenya banks back CBK’s KESONIA-based loan pricing model
Sep 03, 2025 at 02:27 PM
The Kenya Bankers Association (KBA) has expressed its support for the Central Bank of Kenya’s (CBK) revised loan pricing model, saying it will boost credit access and strengthen ...
Kenyans with poor credit face higher loan costs under CBK’s revised model
Sep 03, 2025 at 12:21 PM
Kenyans carrying a poor repayment record will soon find borrowing more expensive, following changes to the way banks set interest rates....
S&B raises Kenya’s credit rating to ‘B’, Eurobond yields respond with sharp drop
Sep 01, 2025 at 11:24 AM
Kenya’s Eurobond yields slipped by an average of 28.19 basis points after S&P Global Ratings upgraded the country’s long-term credit score from ‘B-’ to ‘B’, easing inve...
What you need to know about KESONIA-linked credit model CBK has introduced
Aug 27, 2025 at 03:04 PM
The Central Bank of Kenya (CBK) has released a new risk-based credit pricing model (RBCPM) that will reshape how banks determine the cost of loans....
Why Kenyans may not be able to access RTGS services from Friday to Monday
Aug 20, 2025 at 10:02 PM
Kenyans making large electronic payments through the Central Bank of Kenya (CBK) have been advised to finalise their transfers early, as the regulator prepares to take its Real-Tim...
CBK announces opening of Sh50 billion tap sale for two new treasury bonds
Aug 19, 2025 at 03:39 PM
The Central Bank of Kenya (CBK) has announced the opening of a Sh50 billion tap sale for two Treasury Bonds, giving investors another chance to participate in government securities...
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...
