Citibank Kenya tops list, with its loans averaging 12.78 per cent in February this year, down from 18.47 per cent in ...

In Nigeria, the Monetary Policy Rate is the interest rate set by the Central Bank of Nigeria that serves as a benchmark for lending rates in the economy. It influences the cost of borrowing and the ...

The Central Bank of Kenya will be carrying out inspection in all Banks in the country order to evaluate their compliance in ...

The Central Bank of Kenya (CBK) has warned commercial banks against failing to lower interest rates in line with monetary policy adjustments under the Risk-Based Credit Pricing Model (RBCPM).

CBK in the August 19, 2024 letter to CMA questioned the deals on the bond transaction through the NSSF CSD accounts and those ...

The Kenya Bankers Association (KBA) has announced that it is implementing Ksh2 million ($15,000) maximum withdrawal limit ...

The Central Bank of Kenya (CBK) has ordered banks to reduce lending rates or face penalties, aiming to make credit more ...

Kenya and the International ... in Thailand's policy interest rate would support inflation and improve the debt-servicing capacity of borrowers, the International Monetary Fund said.

In 2023, Kenya’s apparel exports to the US under Agoa were valued at over $540 million, constituting nearly 70 percent of its total exports to the US The sector employs over 200,000 workers directly, ...

The Central Bank of Kenya (CBK) has launched a nationwide inspection of ... banks’ lending rates have not been as responsive to Monetary Policy Committee (MPC) decisions as expected. This slow ...

These were the main conclusions of an international conference entitled “Copyright and the Public Interest: Africa and the Global South” held last month in South Africa. The conveners were ReCreate ...