CBK Issues Update on Approved Digital Lenders

The Central Bank of Kenya (CBK) has announced the licensing of an additional 42 Digital Credit Providers (DCPs), bringing the total number of licensed providers in Kenya to 195. This decision, announced in a press notice on Monday, December 30, aligns with Section 59(2) of the CBK Act aimed at consumer protection and transparency in the digital lending sector.

CEOs see Trump tariffs, high taxes hurting growth in 2026

Kenyan business leaders anticipate that external pressures, specifically from potential changes in US policy, alongside persistent domestic issues like high taxes, will impede economic growth in 2026. This outlook comes from a recent survey conducted by the Central Bank of Kenya (CBK), even as firms plan to leverage technology and efficiency to stabilize the economy.

CS John Mbadi signals potential lower rates in 2026

Christmas comes early for borrowers as banks cut loan rates

Kenyan borrowers are set to benefit from reduced loan rates as three major banks, including Equity Group and KCB Group, have cut their base lending rates following a directive from the Central Bank of Kenya (CBK). This move aims to boost consumer spending ahead of the upcoming Christmas and New Year holidays.

CBK Issues Update on Changes in All Bank Loans

The Central Bank of Kenya (CBK) has updated on the adoption of the risk-based loan pricing model, revealing that nearly half of all banks still use the old interest rate reference. This comes three months after the regulator officially adopted the new model to enhance transparency in lending.

Thugge dismisses claims of forex intervention as shilling holds at Sh129

Kenya's Central Bank Governor Kamau Thugge has refuted claims of intervening in the foreign exchange market, asserting that the shilling's recent stability against the US dollar is a result of improved economic fundamentals.