Business & Economy3 stories

Kenya Economic Developments and Banking Expansion

Family Bank opens 96th branch in Coast. CBK reduces lending rates to 9.75pc. World Bank revises Kenya's economic growth to 4.5pc.

📰 Coverage & Analysis

Family Bank opens 96th branch, expands Coast presence

Analysis: Family Bank has opened its 96th branch in Kilifi County, enhancing its presence in the coastal region with a commitment to improve financial access and support SMEs.

Capital Business•3mo ago

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CBK urges lower lending rates as CBR drops to 9.75pc

Analysis: The Central Bank of Kenya (CBK) has cut the Central Bank Rate (CBR) by 25 basis points, from 10 percent to 9.75 percent, urging commercial banks to lower their lending rates to stimulate economic growth.

Capital Business•3mo ago

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World Bank revises Kenya’s 2025 economic growth to 4.5pc from 5pc

Analysis: The World Bank has revised Kenya’s economic growth forecast for 2025 downward from 5 percent to 4.5 percent, citing global financial challenges and weak private sector performance.

Capital Business•3mo ago

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The Online Kenyan

The Online Kenyan

Kenya Economic Developments and Banking Expansion

📰 Coverage & Analysis

Family Bank opens 96th branch, expands Coast presence

CBK urges lower lending rates as CBR drops to 9.75pc

World Bank revises Kenya’s 2025 economic growth to 4.5pc from 5pc