Plans to liberalise the country's financial market began in June 2023 when Ethiopia unveiled plans to issue up to five banking licenses to foreign inv...

Currently, banks must maintain a core capital-to-risk-weighted assets ratio of 10.5 per cent and a total capital-to-risk-weighted assets ratio of 14.5...

MPs accused banks of abandoning their role in supporting start-ups and small businesses in favour of the lucrative but less impactful investments in g...

This is amid the substantial financing gaps in low-carbon, climate-resilient investments in emerging economies.

Gross loans decreased by 1.0 per cent from Sh4.1 trillion in March 2024, to Sh4.04 trillion in June 2024. 

The trajectory was attributed to the number of branches of the Kenyan bank subsidiaries growing year-on-year.

The goal is to strengthen the banking sector's resilience and increasebanks' capacity to finance large-scale projects, Treasury Cabinet Secretary Njug...

Kenya has nearly 39 licenced banks, and more than half of them may be affected by the CBK's new measure. Out of these, only 9 banks control the lion's...

The 2024 Think Business Banking Awards aimed to foster innovation, prudence and stability in the banking sector by recognising, awarding and celebrati...

Business people in Garissa town say they are unable to restock their empty shelves as the Garissa-Nairobi highway has been cut off.

Residents of Bulla Punda, Kamor, Sheikh, Vumbi, Windsor, and Bulla Nyuki were forced to move to higher ground after the floodwaters engulfed their hou...

The banking sector in Mombasa is experiencing gradual growth with the arrival of new franchises expanding across the Port City.

Banks and other lenders have been increasing interest rates on loans as the CBK keeps raising the benchmark lending rate,

More banks said demand for credit this month and March is expected to be higher than it was in December and January.