Data from the Central Bank of Kenya (CBK) shows that profits have increased from $1.09bn during the same period last year, ...
The Kenya Times on MSN18h
M-Oriental Bank Reduces Interest Rates on Loans After CBK WarningAfter the Central Bank of Kenya (CBK) lowered the base lending rate by 50 basis points, M-Oriental Bank announced a reduction ...
The Star Worldwide (English) on MSN19h
CBK puts to task 13 banks over Sh10bn core capital thresholdThe regulator revealed this at a virtual post-Monetary Policy Committee (MPC) media briefing on Thursday. The apex bank did not however disclose the banks. “We have written to 13 commercial banks with ...
Commercial banks that fail to comply with the Central Bank of Kenya (CBK) lending guidelines now risk penalties of up to three times their profits. This comes as CBK moves to accelerate the reduction ...
Kenya Airways has held strategic deliberations with key government stakeholders in a strategic move to promote the seamless adoption of the Fly Kenya ...
Customs kicked off the second half of the 2024/2025 financial year on an upward trajectory, after surpassing its January target of Ksh 74.439 billion by collecting a surplus of Ksh 8.116 billion, ...
The Kenyan shilling strengthened against the US dollar on Friday, marking its first significant gain since November last year. Experts at Reuters attributed the shilling’s recovery to increased ...
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