Tala, M-Kopa get green light to continue with operations
The Central Bank of Kenya has licensed additional 12 Digital Credit Providers, bringing the total to 34. According to the ...
Tag: CBK
Court okays Safaricom to collect bank to mobile transfer fees
The High Court on Monday gave commercial banks and telcos a go-ahead to charge fees for transactions between mobile money ...
CBK gets powers to control mobile loan rates
MPs have offered the Central Bank of Kenya (CBK) express powers to control lending rates of digital mobile lenders under ...
Loan Apps in Kenya face closure over new bill
The government-backed Central Bank of Kenya (CBK) Amendment Bill of 2020 has continued to chug along in Parliament, proposing a ...
Relief for borrowers as CBK extends loan repayment to July
Commercial bank borrowers have extra three months to start servicing loans after the Central Bank of Kenya extended loan restructuring ...
CBK ends relief on Sh1000 mobile money transactions
The Central Bank of Kenya (CBK) has lifted the waiver on mobile money transaction fees under Sh1000 beginning January. CBK ...
Reprieve for mobile loan defaulters as CBK blocks more lenders from CRB listing
Over 337 unregulated digital mobile lenders and micro-financiers have been blocked form forwarding the names of loan defaulters to credit ...
CRB listing freeze ends as loan defaults tripple
The six-month freeze on listing loan defaulters with credit reference bureaus (CRBs) ends on Wednesday, paving the way for blacklisting ...
Digital lenders back plan to be regulated by CBK
Digital lenders have backed the proposed law seeking to empower the Central Bank of Kenya (CBK) to regulate their activities. ...
CBK to regulate mobile loan rates
Monthly interest rates charged by the digital mobile lenders and borrowers’ non-performing loans will now be regulated by the Central ...
