Equity Group lobby CBK to reinstate Bank to Mobile Wallet transaction fees
Equity Group has asked the Central Bank of Kenya(CBK) to reinstate charges on transfers of money from bank accounts to mobile money wallets. Banks and the CBK have been holding [...]
Equity Group Announces KSh678 Billion Stimulus for Regional Economic Recovery
Equity Group has launched a KSh678 billion private sector-focused stimulus package to accelerate economic recovery and resilience in the Eastern and Central Africa region as it recovers from the economic [...]
CEO Chat Online Event; Bank of Africa CEO Ronald Marambii March 11th 2022
Ronald Marambii CEO Bank of Africa is set to host the first session of the quarterly My chat with a Bank CEO online events. This is the first of 3 online chat [...]
Micro, Small and Medium Entrepreneurs Need Innovative Support for Quicker Recovery
The COVID-19 pandemic has largely been framed as a public health crisis, over one and a half years since it hit Kenya. However, its economic impact has been severe and [...]
Stanbic Bank Invests in Growth and Development of Kisumu City
Stanbic Bank Kenya has opened a new branch and signed a Memorandum of Understanding (MoU) with the County Government of Kisumu in a bid to contribute to the growth and [...]Branch International picks Kenya As its Pan-African Digital Bank launchpad
Branch International, a global digital financial solutions provider has outlined plans to roll out a true Pan-African digital bank with Kenya as its launch pad. Branch International, best known for [...]National Treasury seeks KSh 50 Billion in March Bonds Sale
National Treasury is seeking to raise KSh 50 Billion during the March 2022 Treasury Bonds sale. The Exchequer will the cash for budgetary support with the Central Bank of Kenya [...]The CBK Collects KSh 26.5 Billion from Weekly T-Bills Auction
The Central Bank of Kenya(CBK) accepted KSh 26.5 Billion out of bids received worth KSh 29.3 Billion, a performance rate of 122.12% The most attractive instrument was the 91-day Treasury [...]Stanbic Full Year PreTax Profit Up 57%, Declares Juicy dividends
Listed banking conglomerate Stanbic Holdings Plc has announced its full year financial results for the period ended 31st December 2021 with profit before tax rising by as much as 57% [...]
KBA partners with GIZ to drive financial access for farmers
Kenya Bankers Association (KBA), the leading financial sector advocacy group, has entered a partnership with GIZ that seeks to enhance access to finance for farmers and agri-business enterprises. The collaboration [...]Kenya Shilling Hits a New low As Import Prices Soar
The Kenya Shilling was quoted at a mean rate of 113.8353 by the Central Bank of Kenya(CBK) when trading opened at the forex markets this Monday, 28th February 2022. This [...]CBK Collects KSh12.7 Billion from Weekly T-Bills Auction
Central Bank of Kenya(CBK)accepted bids with KSh 12.7 Billion from KSh 15.3 Billion received bids, an undersubscription of 63.63%. Out of the amount accepted KSh 9.6 Billion were competitive bids [...]
