CBK Moves to Supervise Loan Guarantee Firms
The Central Bank of Kenya (CBK) has released draft regulations seeking to bring loan guarantee firms in Kenya under its direct supervision. The move comes...
Barclays Resumes Operations in Saudi Arabia After 10-Year Absence
Barclays Plc is re-entering Saudi Arabia after more than a decade, joining other global lenders expanding in one of the Middle East’s most active financial...
Veteran banker James Macharia takes over as Chairman of Sidian Bank
James Macharia, a veteran banker and former cabinet secretary, has taken over as Chairman of Sidian Bank in a revamp that has seen three new...
How Blockchain Could Change Kenya’s Banking Systems
M-Pesa moves nearly 60% of Kenya’s GDP every year and serves more than 50 million users, yet gaps in the financial system remain wide. Remittance...
How Banks in Kenya Are Using AI and Chatbots for Customer Service
Banks in Kenya are increasingly integrating AI and Chatbots to improve customer service and meet growing demand for digital banking solutions. With mobile penetration now...
KCB Bank Hit with Major Setback in Billion-Shilling Land Case
A long-running legal battle between M’Big Limited and KCB Group over a Sh95 million land auction deal in Naivasha has taken a major turn after...
Market Trends in Digital Banking in Kenya
Digital banking in Kenya is expanding rapidly, supported by strong mobile money adoption, regulatory reforms, and growing fintech investment. The country has become a reference...
Why More Kenyans Are Opening Digital Bank Accounts
The surge in digital bank account openings in Kenya reflects a broader fintech revolution, transforming how millions manage finances. By 2025, over 83% of Kenyan...
Regulation and Policy in Kenya’s Digital Banking Space
Kenya’s digital banking sector has evolved rapidly since the launch of M-PESA in 2007. The country’s mobile-first approach has brought millions into the formal financial...
How the COVID-19 Era Accelerated Digital Banking Adoption in Kenya
Kenya, long a pioneer in mobile money, experienced a major shift in its digital banking landscape during the COVID-19 era. Before the pandemic, mobile money...