KCB Bank Acquires Ksh3.2 Billion Imperial Bank Assets

Kenya Commercial Bank (KCB) has acquired assets worth Ksh3.2 billion of Imperial Bank, which is under receivership. KCB also assumed

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Outlook of Kenya’s Banking Sector

Central Bank of Kenya Governor Patrick Njoroge has said that the banking sector remains stable and resilient in a presentation

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CBK Takes Regulatory Action Against Absa Bank Over Money Laundering Claims

The Central Bank of Kenya has suspended Absa Kenya’s foreign exchange dealer licence. Through a notice issued on Thursday, April

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CBK Releases Ksh7.4bn in Support of Efforts to Contain Spread of Covid-19

The Central Bank of Kenya (CBK) has released Ksh7.4 billion to support government’s efforts to contain the spread of Covid-19.

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Cash From Banks to be Quarantined For One Week, Says CBK Governor

Central Bank of Kenya Governor Patrick Njoroge has directed banks to quarantine cash for a week to curb the spread

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Microfinance Company Lauds Central Bank Over Lending Rate Reduction

A microfinance company has welcomed the Central Bank of Kenya’s decision to lower its base lending rate from nine percent

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