Central Bank of Kenya
I&M acquires Uganda Orient Bank in raid
Reading Time: 2 minutes I&M plans to expand into Uganda date back to 2013 when it announced that it would use part of Sh10bn it raised in bond to expand.
Co-operative Bank taps Jamii Bora bank in deal
Reading Time: 2 minutes Steve Umidha @UmidhaSteve Co-operative Bank of Kenya has been given the green lights to purchase majority stake in Jamii Bora […]
Banks stare at a hike in fincr*me as corona hits
Reading Time: 2 minutes Steve Umidha @UmidhaSteve Kenyan banks are staring at a potential hike in coronavirus-related financial cr*mes, a pan-African research and advocacy […]
Central Bank of Kenya re-opens two bonds
Reading Time: 2 minutes Zachary Ochuodho @zachuodho Treasury has re-opened its five-year and 10-year bonds issued in 2019 under the FXD3/2019/5 and FXD4/2019/10 respectively, to […]
Why banks and fintechs should work side by side
Reading Time: 3 minutes Steve Umidha @UmidhaSteve The coronavirus pandemic is expected to change consum**s’ digital behaviour, altering digital banking as we know it, […]
Kenya faces sharp drop in diaspora remittances
Reading Time: 2 minutes Seth Onyango @SethManex The depressed g****l economy has seen Kenya record a sharp decline in cash inflow from the diaspora […]
CBK puts Absa on spot over sus**cious FX transactions
Reading Time: 2 minutes Absa Bank Kenya Ltd has cancelled two foreign exchange forw*rd transactions after Central Bank of Kenya (CBK) raised concerns leading […]
Absa’s forex trade suspended over irregular transactions
Reading Time: < 1 minute The Central Bank of Kenya(CBK) has taken regulatory action against Absa Bank over sus**cious foreign transactions it did last month. […]
Hope for property sector as lending taps re-open
Reading Time: 3 minutes The building and construction sector is poised for an upswing in activity following the move to reopen financial flows into […]
WB survey: Kenya leads African p*ers in credit information sharing
Reading Time: 2 minutes Lewis Njoka and John Otini Kenya is ranked first in Africa as regards sharing of credit information, a new survey by […]