CBK Stress Test Flags Credit and Cyber Security Risks for Kenyan Banks
Kenya’s May 2025 banking sector stress test highlights a fragile balance between improved resilience and persistent risks. Projections place the sector's NPLs at 16.3% under a baseline scenario by December [...]
Kenya's Saccos Cross KSh 1 Trillion in Combined Assets
Kenyans are saving in, and borrowing more from, Saccos than ever before, pushing the sector’s assets past KSh1 trillion by the end of 2024, but the sector is grappling with [...]
Sumac Microfinance Bank Raises US$ 2Mn
Sumac Microfinance Bank has raised US$ 2 million in expansion capital through a transaction arranged by Noblestride Capital, strengthening its ability to lend to micro, small, and medium-sized enterprises (MSMEs) [...]Stanchart is Adequately Capitalised, Lender Says after KSh 7bn Supreme Court Ruling
Listed lender Standard Chartered Bank Kenya has moved to reassure markets after the Supreme Court’s decision striking out its appeal in a multibillion-shilling pension case. For real time market updates [...]Kenya's Microfinance Banks: A Decade of Declining Fortunes
Kenya's 14 microfinance banks (MFBs) have endured one of the toughest decades in the financial sector, with industry data from 2014 to 2024 revealing sustained decline across key indicators, as [...]Stanchart Kenya Loses Multibillion Pension Case
The Supreme Court has dismissed Standard Chartered Bank Kenya’s appeal in a pension dispute with 629 former employees, leaving intact a ruling by the Retirement Benefits Appeals Tribunal (RBAT). For [...]Afreximbank's Half-Year Profit Rises to US$ 413 Mn on Liquidity Gains
The African Export-Import Bank (Afreximbank) has reported a slight increase in earnings for the half year ended June 2025, with internally generated net profit rising slightly to US$ 412.7 million, from [...]Bankers Endorse Central Bank’s New Loan Pricing Model
Kenya’s bankers have agreed to implement the Central Bank of Kenya’s revised risk-based credit pricing model, a reform that will overhaul how loans are benchmarked and priced in the market. [...]Mamo Mihretu Resigns as Ethiopia's Central Bank Boss After Reform-Heavy Tenure
Mamo Mihretu has stepped down as Governor of the National Bank of Ethiopia (NBE), ending a 32-month tenure that redefined the country’s monetary policy and financial regulation. On leaving the [...]Sidi Ould Tah Succeeds Dr. Adesina as President of the African Development Bank
Dr. Sidi Ould Tah has been sworn in as the ninth President of the African Development Bank Group (AfDB), succeeding Dr Akinwumi A. Adesina who has completed his two terms. [...]
HF Group Regains Tier 2 Bank Status After 5 Years
HF Group’s return to Tier 2 status in 2025 is the result of more than a decade of restructuring and recapitalization which has seen the listed lender post KSh 624 [...]NCBA's LOOP to Embed Asset Financing, Insurance
Global insurtech firm, Bolttech, is extending its African footprint by entering the Kenyan market through a partnership with LOOP, the digital banking service of NCBA Bank. “This partnership enables us [...]
