January 13, 2023
Kenya: High Court Stops Bank to Mobile Charges
The High Court has ordered Banks and telco operators such as Safaricom to suspend the introduction of Bank to MPesa charges pending determination. Read more »
Kenya: High Court Stops Bank to Mpesa Charges Pending Determination of Suit Filed
The High Court has ordered Banks and telco operators such as Safaricom to suspend the introduction of Bank to MPesa charges pending determination. Read more »
December 09, 2022
Kenya: 500 International Banking Players Converge in Kenya to Enhance Investments in the Region
500 professionals from leading African and international banks, financial institutions and banking associations yesterday converged in Nairobi, to enhance investments across the… Read more »
December 06, 2022
Kenya: CBK Reintroduces Charges on Transfers Between Mobile Money Wallets and Banks
The Central Bank of Kenya (CBK) has announced the reintroduction of charges for transactions between mobile money wallets and bank accounts from January 2023. Read more »
November 15, 2022
Kenya: Honour Your Payment Obligations, Central Bank Urges Loan Borrowers
The Central Bank of Kenya CBK has urged the public to honor their payment obligations on their credit facilities when they fall due. Read more »
November 10, 2022
Kenya: Faulu Bank Expands Digital Services as It Eyes a Youthful Customer Base
Faulu Bank is set to expand its digital offering as it seeks to boost customer experience, offer convenience, and tap into the youthful customer base. Read more »
November 09, 2022
Kenya: Absa Bank in Deal to Support SMEs Acquire Electronic Tax Registers
Absa Bank Kenya has signed a partnership with electronic payments and infrastructure company, Interswitch to provide financial support to small businesses to acquire the new… Read more »
October 19, 2022
Kenya: Government Partners With Bank to Train Youth on Maritime Jobs
At least 600 youth are set to benefit from a three-year partnership between KCB Bank, KCB foundation and Kenya Maritime Authority (KMA) aimed at training and empowering them with… Read more »
October 18, 2022
Kenya: MPs Put Njuguna Ndung'u on The Spot Over CBK Tenure Controversies
The nominee for Treasury Cabinet Secretary Prof Njuguna Ndung'u found himself in a tight spot Tuesday as he tried to disentangle himself from a web of controversy that surrounded… Read more »
October 11, 2022
Kenya: CBK Announces Airtel Money Split From Parent Company
The Central Bank of Kenya (CBK) has announced the successful separation of the mobile money business from the telecommunications business which were previously under Airtel… Read more »
October 06, 2022
Kenya: Standard Chartered Bank Enters Pact to Advocate for the Inclusivity of PWDs in Workplaces
Standard Chartered Bank has joined the Kenya Business and Disability Network(KBDN) which will see the bank promote the inclusivity of Persons Living With Disabilities (PWDs) in the… Read more »
October 04, 2022
Kenya: Online Portal Launched to Boost Insurance Uptake
Pension fund administrator Zamara Group has unveiled an online portal that will allow customers to buy insurance policies and investment plans. Read more »
Kenya: Cash-Crisis at First Community Bank as Customers Unable to Withdraw Funds
Shariah-compliant First Community Bank customers are unable to withdraw their monies as the bank limits heavy drawings occasioned by panicking customers. Read more »
September 30, 2022
Kenya: Ecobank Kenya Unveils Program to Support Women Entrepreneurs
Ecobank Kenya has launched a flagship program that aims to empower and support women-led businesses. Read more »
September 27, 2022
Kenya: CMA, KDC Partner to Advance Access of Financial Services to SMEs
The Capital Market Authority (CMA) and Kenya Development Corporation (KDC) have signed a Memorandum of Understanding (MoU) that aims to ease the accessibility of financial services… Read more »
September 12, 2022
Kenya: Equity Group Ranked as the Most Attractive Bank in Kenya
Equity Group Holdings has been ranked as the most attractive bank in Kenya in the Cytonn H1'2022 banking sector report, backed by a strong franchise value and intrinsic value… Read more »
August 23, 2022
Kenya: Most Kenyans Had Negative Digital Experience With Banks
Most Kenyans had a negative digital experience when interacting with banks driven largely by system outages or app downtime, a new report shows. Read more »
August 03, 2022
Kenya: Banking Sector Tax Contribution Hits 5 Year High in 2021
The Kenyan banking sector registered the highest tax contribution in five years, a new survey shows. Read more »
June 24, 2022
Kenya: Banks Re-Elect John Gachora as KBA Chair
The Kenya Bankers Association (KBA) membership has reelected NCBA Bank Managing Director and CEO John Gachora and Family Bank CEO Rebecca Mbithi as the advocacy group's Chairman… Read more »
June 23, 2022
Kenya: Family Bank's Sh30 Million Program Benefits Female Plumbers, Painters
Nearly 200 vulnerable young women and adolescent girls have benefitted from Shs 30 million partnership between Family Group Foundation and the USAID Tumikia Mtoto Project which is… Read more »
June 22, 2022
Kenya: Insurance Firms Named Top Abusers of Buyers Power
The Competition Authority has named the insurance industry as the top abuser of buyer power accounting for 72 percent of all cases investigated by the authority. Read more »
June 16, 2022
Kenya: I&M Bank Rolls Out Tailor-Made Financial Solutions for Customers
I&M Bank Limited has launched an enhanced set of financial solutions that will be tailor-made to serve the financial needs of each customer. Read more »
Kenya: Equity Named Kenya's Overall Best Bank After Bagging 15 Awards
Equity Bank has been feted as the Best Bank in Kenya in the 2022 Think Business Banking Awards for the 11th consecutive year, reinforcing the Bank's position as a market leader in… Read more »
June 13, 2022
Kenya: National Bank Appoints Peter Kioko as Acting MD
The National Bank of Kenya (NBK) has appointed Peter Kioko as acting Managing Director effective June 10, 2022. Read more »
June 04, 2022
Kenya: Dib Bank Opens New Branch in Nairobi CBD
DIB Bank Kenya Limited has today opened a new branch at JKUAT Towers along Banda Street in Nairobi bringing services closer to customers in the Nairobi Central Business District… Read more »