How CIB Kenya Aims to Change Lives With Cash Flow Lending
WhenAbhinav Nehra, the CEO of CIB Kenya, talks about banking, he doesn’t dwell on balance sheets or capital adequacy ratios. Instead, he paints a picture of a tea farmer in [...]
Co-op Bank Backs Ruiru School Project with KShs 110 Million Financing
Co-operative Bank of Kenya has extended KShs 110 million in debt financing to Eboss Investments Company to fund the construction of Seven Oaks School, a new British-curriculum institution in the [...]Cheaper Credit Unlocks Kenya's Construction Sector Growth
Kenya’s construction industry is riding on cheaper credit and stronger developer financing, with fresh data showing a sharp rebound in building activity and surging demand in the property market. “Cement [...]NSE Launches Banking Sector Index
The Nairobi Securities Exchange (NSE) has introduced a Banking Sector Index, effective October 1, 2025. “The index underscores NSE’s commitment to innovation and the continuous development of products that meet [...]
Family Bank Inches Closer to NSE Listing
Family Bank shareholders will meet virtually on October 27, 2025, for an Extraordinary General Meeting (EGM) to vote on a proposal to list the bank’s ordinary shares on the Nairobi [...]Africa Finance Corporation Raises US$ 1.5bn in Debt
Infrastructure solutions provider Africa Finance Corporation (AFC), has closed a US$1.5bn syndicated loan, its largest-ever debt facility. “This landmark transaction reinforces AFC’s standing as a trusted institution in the global [...]
KDIC Updates Deposit Insurance Coverage Through June 2026
The Kenya Deposit Insurance Corporation (KDIC) has published the official list of institutions whose deposits are insured up to 30 June 2026. Deposits placed in these institutions are protected under [...]Ethiopia MPC Holds Policy Rate at 15%, Raises Credit Growth Ceiling to 24%
The National Bank of Ethiopia’s Monetary Policy Committee has kept the benchmark rate at 15% in its fourth meeting in September 2025, while raising the credit growth ceiling to 24%. [...]KCB is Vying to Boost East Africa/US Trade, Investments, CEO Paul Russo Says at Bullish Kenya
KCB Group is vying to deepen its support to businesses and investors focused on the East Africa US Markets, riding on its scale across the region. Speaking at the [...]
Kenya To Raise Compensation Limits to Bolster Trust in the Financial Sector
Regulators are moving to reinforce the Policyholders’ Compensation Fund, which protects insurance customers in the event of an insurer collapse, by raising the compensation ceiling from KSh 250,000 to KSh [...]MPs to Consider Interest Cap So Borrowers Don't Pay More Than They Borrow
Members of Parliament (MPs) are reviewing a petition that seeks to limit loan interest so it never exceeds the original principal, citing the steady rise of unscrupulous lenders with unjustly [...]Ecobank Kenya's Faces KSh 284mn Asset Seizure in Estate Case
The High Court has ordered the seizure and auction of EcoBank Kenya’s assets to recover KSh 284 million owed to the estate of former cabinet minister Mbiyu Koinange, escalating a [...]
