Inside the Sidian Shake-Up: What William Byaruhanga’s Entry Means for Centum and Other Shareholders
William Byaruhanga acquisition in Sidian Bank has shifted the lender’s ownership structure after the former Ugandan Attorney General bought a 14.63% stake valued at Sh1.03...
DTB Adjusts Lending Rates Under CBK’s Revised Credit Pricing Rules
Diamond Trust Bank Kenya (DTB) has reduced its lending rates and confirmed its transition to the new credit pricing system following the Central Bank of...
Small Loans, Big Problem: CBK Flags Rising Defaults
More than eight out of every ten digital loans valued under Sh1,000 are in default, raising concerns over the sustainability of micro-credit in Kenya’s fast-growing...
Ralph Chinedu Opara Appointed Managing Director of Access Bank Kenya
Access Bank Kenya (ABK) has named Ralph Chinedu Opara as its new Managing Director, effective 8 September 2025, following approval from the Central Bank of...
Airtel Set to Introduce Home Fiber Internet in Kenya
Airtel Kenya has confirmed its plans to launch Home Fiber Internet, entering a market dominated by Safaricom PLC, Zuku (Wananchi Group), and Jamii Telecommunications Ltd...
Latest Average Loan Interest Rates by Top Banks in Kenya
Kenya’s banking sector in 2025 has been shaped by a gradual easing of monetary policy. The Central Bank of Kenya (CBK) lowered the Central Bank...
I&M Bank Expands Presence with New Branches in Kapsabet and Mombasa
I&M Bank has announced the opening of two new strategic branches in Kapsabet, Nandi County, and Nyali, Mombasa County, marking yet another significant milestone in...
Stanbic Bank Moves Early on CBK’s Revised Risk-Based Credit Pricing Guidelines
Stanbic Bank Kenya has moved to implement the Central Bank of Kenya’s (CBK) Revised Credit Pricing Guidelines, making it the first lender to act on...
Inside Kenya’s Upcoming Digital Bond System: 40 Million Transactions Capacity Explained
The Central Bank of Kenya (CBK) has announced that a new digital bond retail system for the mass market will be rolled out by June...
Is PAPSS Finally Breaking Africa’s Reliance on Colonial Payment Systems?
The Pan-African Payment and Settlement System (PAPSS), launched in January 2022, is reshaping how Africa conducts cross-border trade. Developed by the African Export-Import Bank (Afreximbank)...