Banks Contribute Sh181.3B To Kenya's Economy-Report
Kenya’s banking sector defied turbulence witnessed last year to pump more money to the government through its tax agency, The Kenya Revenue Authority (KRA). The challenging environment in the year [...]
CBK Seeks KSh 40 Billion in August T-Bonds Tap Sale
The CBK has floated two fixed coupon Treasury Bonds in the month of August, as it seeks KSh 40 billion for budgetary support. Investors are required to obtain details of [...]
How to Get Started Investing in Government Bonds Using Central Bank of Kenya's DhowCSD
The Central Bank of Kenya has launched the CBK DhowCSD, a web platform and a mobile App that will allow retail investors in Kenya and abroad to invest in Government [...]Institutions Unite To Uplift Women Entrepreneurs
Standard Chartered Bank has entered a partnership with Safaricom, Jubilee, Mastercard, KEPSA to address structural gaps women face in scaling up their businesses. Through a project known as SC WIN, [...]CBK Collects KSh 8.8 billion from Weekly T-bills Auction
The Central Bank of Kenya(CBK) accepted KSh 8.8 billion from the Weekly Treasury Bills Auction out of bids worth KSh 9.1 billion received, an oversubscription of 38.10%, out of KSh [...]Smile ID Releases H1 2023 Africa KYC Report Highlighting Identity Fraud Trends and Verification Insights
Smile ID (formerly Smile Identity), the leading identity verification and digital Know Your Customer (KYC) provider in Africa, has unveiled its highly anticipated half-year 2023 KYC Report. Drawing on data [...]
Diamond Trust Bank Partners With Fintech Startup Boya To Launch Virtual Visa Card
Kenyan fintech Boya Inc has launched its virtual expense card in partnership with VISA and Diamond Trust Bank Kenya, which will help businesses to manage payments and expenses with [...]New Look; Smile Identity Becomes Smile ID
Smile Identity, Africa's leading identity verification and digital Know Your Customer (KYC) provider, has reached a significant milestone, surpassing 75 million identity verifications. Alongside this achievement, the company is embarking [...]Access Bank Acquires Standard Chartered Subsidiaries in Africa
Standard Chartered Bank and Access Bank Plc have reached agreements for the sale of Standard Chartered's shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, as well [...]Co-operative Bank Receives Sh13.8B To Lend MSMEs
The Co-operative Bank of Kenya has received a long term 7-year funding facility amounting to Sh13.8 billion from a consortium of financial institutions led by DEG for on-lending mainly to [...]CBK Accepts KSh 36.4 Billion at Weekly T-Bills Auction
Central Bank of Kenya(CBK) received bids worth KSh 36.443 billion at this week’s Treasury Bills Auction out of KSh 24 billion offered, an oversubscription of 151.85%. The CBK accepted bids [...]CBK Accepts KSh 30.09 B at Weekly T-Bills Auction
Central Bank of Kenya(CBK) received bids worth KSh 30.12 billion at the weekly treasury bills auction, out of KSh 24 Billion, an oversubscription of 125.49% with the CBK accepting KSh [...]
