commercial banks Stories

The banks argue that after interest rate caps were introduced on interbank lending, the use of this rate as a base would be more responsive to market...

Following the lifting of the moratorium, CBK said all new entrants will be expected to demonstrate their ability to meet the new minimum capital thres...

This is an improvement from the Sh162.3 billion recorded during a similar period in 2023, underlining the sector’s ability to withstand economic press...

The move follows amendments to financial sector laws late last year when the President signed the Business Laws (Amendment) Bill into law.

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...