Ruto Pushes Banks to Cut Loan Rates as Interest Hits 14%

President William Ruto has urged commercial banks to reduce their loan interest rates from the current average of 14.39 per cent, arguing that credit remains too expensive for Kenyans and businesses.

President Ruto says CBK will get priority in purchasing locally mined and processed gold

Michael Mutiga Appointed Stanbic Bank Kenya CEO

Stanbic Bank Kenya has officially appointed Michael Mutiga as its new Chief Executive, following approval from the Central Bank of Kenya. Mutiga takes over from Abraham Ongenge, who served as Acting CEO.

Lessons From 60 Years of the CBK | Wallace Kantai

CBK moves to ban shell banks in fresh money laundering crackdown

The Central Bank of Kenya (CBK) is proposing a ban on shell banks, which are paper-only entities suspected of facilitating money laundering and terrorism financing.

Kenya’s forex reserves rebound to $15.25bn after 3-week slide

Kenya's foreign exchange reserves have rebounded to $15.25 billion as of September 10, reversing a three-week decline.