JPMorgan Chase appoints former CBK executive as country manager for Kenya
JPMorgan Chase, the largest bank in the United States, has appointed the Central Bank of Kenya (CBK)’s former deputy director ...
Tag: CBK
CBK approves 27 more digital lenders to offer credit services in Kenya
The Central Bank of Kenya (CBK) has announced the licensing of an additional 27 Digital Credit Providers (DCPs) in accordance ...
Ruto’s government slashes debt by Ksh380 billion
President William Ruto's administration has achieved a significant reduction in the government's debt, amounting to Ksh380 billion, bringing it down ...
Kenya shilling soars against dollar to trade at Sh139
Kenya's currency, the shilling, maintained its upward trajectory against the dollar on Tuesday, reaching Sh139, marking one of its most ...
CBK issues licenses to 19 more digital lenders
CBK says it has so far received 480 applications since March 2022 but had to work with other regulators and ...
Kenyan shilling hits new low against USD
The Kenyan shilling declined to a record low of 160 against the U.S. dollar Thursday, exerting pressure on the East ...
MCL is not a licensed microfinance institution, CBK warns
The Central Bank of Kenya (CBK) has warned Kenyans that Momentum Credit Company Limited (MCL) is not a registered microfinance ...
Fresh consumer pain pushes shilling past 160 to the dollar
Consumers are expected to face further financial distress as the Kenyan Shilling is projected to exceed Sh160 against the dollar. ...
NCBA to raise lending rate to 13pc after CBK hikes base rate
NCBA Bank has increased its base lending rate to 13 percent after the Central Bank of Kenya (CBK) late last ...
Central bank hikes interest rates to 10.5 per cent
The Central Bank of Kenya has increased the base lending rate by 100 basis points as inflation stayed above medium ...
