Kenya’s banking sector has delivered a solid set of half-year 2025 results, with leading lenders reporting steady profit growth, generous interim dividends, and continued strategic expansion in high-demand sectors such …
NCBA
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Banking, Finance & InvestmentEconomyFinanceKenya
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Top commercial banks have started increasing lending rates by up to 1.1 percentage points after the Central Bank of Kenya (CBK) raised its benchmark interest rate by the biggest margin …
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Banking, Finance & InvestmentEconomyKenya News
Over 4 Million Fuliza Defaulters to be removed from CRB from November
Over 4 million Fuliza defaulters will be removed from the Credit Reference Bureau (CRB) and other blacklists from November this year, the government and lenders have announced. The announcement made …
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Banking, Finance & InvestmentEconomyKenya NewsSafaricom
Safaricom’s Fuliza reduces daily charges for loans below sh100 by 40 percent
Safaricom’s Fuliza has cut daily charges for loans below Sh1000 by 40 percent and introduced a three-day grace period. Daily charges on loans of up to Sh1000 will come down …
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Banking, Finance & InvestmentEastern AfricaEconomy
CBK under pressure from Wealthy investors and financiers to increase the cost of government borrowing rates
Wealthy investors and financiers like banks and pension schemes are putting pressure on the Central Bank of Kenya (CBK) to increase the cost of government borrowing as global hikes in …
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NCBA Group’s net earnings for the first three months of the year rose 20 per cent to Sh3.41 billion up from Sh2.84 billion last year on strong business development. The bank’s …