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 ...

CBK lowered the CBR to 10.75 percent from 11.25 percent at its February 5, 2025 meeting to boost private sector credit growth ...

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).

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 ...

The CBK’s analysis of the trades between the parties indicates that NSSF Kenya was buying bonds ... to ensure the pronouncements of the Monetary Policy Committee (MPC) have an effect on the ...

Central banks in Ghana, South Africa, Egypt, and several other African nations are set to announce interest rates over the ...

Nigeria revised the way inflation is measured but many Nigerians still feel that the cost of living remains high.

Standard Bank is breaking from wider expectations on interest rates in South Africa, warning that the good times may soon be ...