CBK
Kenyans to make digital payments via QR codes
Reading Time: 2 minutes The Central Bank of Kenya (CBK) has launched the Kenya Quick Response Code Standard 2023 (KE-QR Code Standard 2023. In a statement, […]
KDIC begins paying protected depositors of the fallen Imperial Bank
Reading Time: 2 minutes The Kenya Deposit Insurance Corporation (KDIC) has announced that it will commence payments to protected depositors of the fallen Imperial […]
Gov’t kicks off process to recruit new CBK Governor
Reading Time: 2 minutes The government has kicked off the process to recruit a new governor of the Central Bank of Kenya (CBK), even […]
Number of licenced digital lenders increases as CBK licences 10 more
Reading Time: 2 minutes The Central Bank of Kenya (CBK) has announced the licensing of additional 10 Digital Credit Providers (DCPs), popularly known as […]
Future of 259 digital lenders uncertain as CBK delays approval
Reading Time: 2 minutes MARKET: The future of 259 digital credit providers (DCPs) hangs in the balance after the Central Bank of Kenya (CBK) […]
Number of licenced digital lenders in Kenya hits 22 as CBK licences 12 more
Reading Time: 2 minutes The Central Bank of Kenya (CBK) has licenced 12 more Digital Credit Providers (DCPs), popularly known as digital lenders, to […]
CBK allows Equity Bank to acquire assets, liabilities of cash-strapped Spire Bank
Reading Time: 2 minutes The Central Bank of Kenya (CBK) has approved the acquisition of assets and liabilities of cash-strapped lender Spire Bank by […]
CBK announces reintroduction of charges for transactions between mobile money and bank accounts
Reading Time: 2 minutes The Central Bank of Kenya (CBK) has announced the reintroduction of charges for transactions between mobile money wallets and bank […]
Brace for costly loans as CBK base rate hit 8.75pc
Reading Time: 2 minutes The Central Bank of Kenya (CBK) has raised its key interest rates by 50 basis points to 8.75 per cent […]
Fintechs seek alliance with banks to avoid CBK purge
Reading Time: 2 minutes Financial technology companies (Fintechs) are seeking to partner with commercial banks in order to get around the challenges of regulation […]