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...
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...
CBK Licenses 27 New Digital Credit Providers
The Central Bank of Kenya (CBK) has announced the licensing of 27 new digital credit providers (DCPs), bringing the number of licensed DCPs in Kenya...
Is Kenya Building a Credit Crisis? The Risks of Licensing More Digital Lenders
Defaults on digital loans in Kenya have risen to record levels, outpacing arrears in the banking sector, as the Central Bank of Kenya (CBK) expands...
Longer Repayment, More Flexibility: Stanbic Uganda Expands Supa Dupa Loan Tenors
Stanbic Bank Uganda has extended repayment periods for its unsecured personal and business loans from seven years to 10 years under the Supa Dupa Lending...