Kenya Bankers Association Stories

KBA announces plans to make borrowing affordable with lower interest rates
Lucy Mumbi  |  Dec 09, 2024

Gachora acknowledged that many borrowers continue to face financial strain due to rising living costs.

Mbadi says state to review taxes on salaries to ease burden on workers
Maureen Kinyanjui  |  Dec 04, 2024

The CS said that taxes currently take up 8 per cent of employees' salaries, a burden that many find excessive.

Relief for banks as MPs propose more time for raising minimum capital to Sh10 billion
Maureen Kinyanjui  |  Dec 04, 2024

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 slam banks for focusing on bonds while Kenyan MSMEs struggle
Maureen Kinyanjui  |  Nov 28, 2024

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...

KBA warns 24 banks at risk of closure over proposed core capital increase
Lucy Mumbi  |  Nov 28, 2024

The debate surrounding the proposed core capital increase and the role of banks in supporting MSMEs continues to draw scrutiny from both lawmakers and...

Banks urged to tone down use of jargon to enhance performance
Alfred Onyango  |  Sep 28, 2024

Economic analyst Mihr Thakar argues that the use of jargon may significantly hinder business performance.

Bad loans surge to Sh621bn as adverse conditions hit Kenya's banking sector - Report
Alfred Onyango  |  Aug 15, 2024

Non-performing loans accounted for 14.8 per cent of gross loans after the review period, the highest level since 2007.

Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.