Equity Bank adhered to the Central Bank of Kenya (CBK) directives, lowering its shilling-denominated loan fees by 3%, joining ...
Several Kenyan banks are lowering their lending rates following the Central Bank of Kenya’s (CBK) decision to cut the Central ...
Co-op Bank was the first tier I lender to publicly announce a cut in its base lending rate, taking the figure to 14.5 percent from 16.5 percent.
The CBK lowered the Central Bank Rate to 10.75% and the Cash Reserve Ratio to 3.25% to boost credit access, urging banks to ...
Lowering interest rates is expected to trigger increased economic activity, allowing businesses to grow. There is no denying ...
The Central Bank of Kenya (CBK) said the easing of the monetary policy stance was aimed at enhancing economic activities and ...
“To ensure that banks are implementing the Risk-Based Credit Pricing Model (RBCPM), CBK has embarked on on-site inspection of banks to ascertain that they are reducing their interest rates in li ...
Kenya's business leaders are optimistic about the country's economic prospects in 2025, citing favorable weather ...
Kenya's inflation rate remained below the central bank's 5% midpoint target for the eighth consecutive month Consumer prices rose to 3.3% in January from 3% in December, according to the Kenya ...
The Kenyan shilling (KES) showed a modest gain against the US Dollar (USD) on Wednesday, buoyed by foreign exchange inflows ...