Business & Economy3 stories

Profitability and Business Developments in Kenya

SBM Bank reports Sh202mn profit; Kenya Pipeline Company IPO planned for September; CBK targets lower interest rates.

📰 Coverage & Analysis

SBM Bank bounces back to profitability with Sh202mn

Analysis: SBM Bank Kenya has reported a gross profit of Sh202 million in the first quarter of this year, marking a significant recovery from a Sh943 million loss during the same period last year.

Capital Business•1w ago

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Govt plans Kenya Pipeline Company IPO listing in September

Analysis: The Kenya Pipeline Company (KPC) is set to launch its initial public offering (IPO) on the Nairobi Securities Exchange by September 2025, as announced by President William Ruto.

Capital Business•1w ago

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CBK eyes lower interest rates with new credit pricing model

Analysis: The Central Bank of Kenya (CBK) has introduced a revised Risk-Based Credit Pricing Model (RBCPM), aiming to lower interest rates by changing how banks determine lending charges. This new framework, revised after extensive feedback, adopts the Interbank Rate as the benchmark for loan pricing, replacing the previously proposed Central Bank Rate (CBR).

Capital Business•1w ago

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The Online Kenyan

The Online Kenyan

Profitability and Business Developments in Kenya

📰 Coverage & Analysis

SBM Bank bounces back to profitability with Sh202mn

Govt plans Kenya Pipeline Company IPO listing in September

CBK eyes lower interest rates with new credit pricing model