Borrowers to get 50% discount on non-performing mobile loans – CBK

By | 2 weeks ago

The Central Bank of Kenya (CBK) has announced the rollout of a Credit Repair Framework for mobile loans by commercial banks, microfinance banks a...

Safaricom CEO Peter Ndegwa
Safaricom hints at return of charges on banking transactions

By | 3 weeks ago

Safaricom has hinted that it might soon start charging banking transactions, two years after the charges were dropped due to Covid-19. While reporting...

Patrick Njoroge
CBK flags DP Gachagua’s comments on Foreign Exchange reserves

By | 2 months ago

The Central Bank of Kenya (CBK) has flagged Deputy President Rigathi Gachagua’s comments about the adequacy of CBK’s foreign exchange cover. I...

CBK announces internship programme for fresh graduates, how to apply
CBK announces internship programme for fresh graduates, how to apply

By | 4 months ago

The Central Bank of Kenya(CBK) has announced new internship openings for fresh graduates. In a statement, the bank is seeking new recruits for their s...

From Nakuru to Garissa: List of counties with top, least indulgence in betting & gambling
Kenyans aged 55 and above top list of frequent gamblers – study

By | 11 months ago

Several findings from recent research confirm that Kenyans aged 55 years and above are the top gamblers unlike a previous report which placed the yout...

Patrick Njoroge
CBK cuts lending rate to 7pc in bid to cushion economy from virus fallout

By | 3 years ago

The virus has disrupted agriculture and tourism, which are Kenya’s biggest foreign-exchange earners after remittances. ...

Absa Bank Kenya
CBK penalises Absa Bank Kenya over foreign exchange lapses

By | 3 years ago

CBK says that Absa Bank Kenya failed to adhere to financial transaction requirements, including conducting standard checks on anti-money laundering an...

Patrick Njoroge
CBK lowers the lending rate to 7.25 per cent, releases Sh35.2bn to banks

By | 3 years ago

CBK also reduced the cash reserve ratio from 5.25 per cent to 4.25 per cent, which saw the bank release Sh35.2 billion back to banks....

Uhuru and Njoroge
CBK transfers Sh7.4bn nabbed after demonetisation to State account

By | 3 years ago

Demonetisation of the older series Sh1,000 notes was announced on June 1, 2019, aimed at addressing grave concern of illicit financial flows....

new currency
CBK to quarantine money from banks, relaxes grace period for some borrowers

By | 3 years ago

CBK says it will quarantine money out of banks for at least a week, a period Dr Patirck Njoroge says is enough for coronavirus to become inactive....

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