Citibank N.A Kenya has established a Supply Chain Finance Program in support of women-owned businesses. Also Read: Women’s subpar representation ...
The Central Bank of Kenya (CBK) is expected to largely retain the benchmark lending rate at seven per cent for most of 2021. The reserve bank whose...
Lender Housing Finance has received Ksh.1 billion in new funding from on of its major shareholders in Britam Holdings. The tier II capital injectio...
Small and medium enterprises (SMEs) are set to profit from the greater issuance of credit by commercial banks in 2021 as the lenders expand their thre...
Commercial banks have been put on the spot for resembling digital lenders by saddling Kenyans with exorbitant mobile loans. This is as the traditio...
The Senate is now calling for stricter measures on digital lending applications that they say are milking Kenyans dry. The Finance and Budget Commi...
Banks earnings continue to take a beating from economic disruptions occasioned by the COVID-19 pandemic. This however is merely a secondary concern fo...
The COVID-19 pandemic has reversed benefits earned from the repeal of the interest rate caps in November last year. While the rate repeal was expec...
Standard Chartered Bank of Kenya has announced a 31.9 per cent dip in earnings through the first six months of the year to Ksh.3.2 billion. The dro...
Money in supply within the Kenyan economy has defied the shocks of the COVID-19 pandemic expanding by Ksh.203 billion or an equivalent 30.7 per cent. ...
Just a few months back, we feared the worst for the world economies. As the Covid-19 pandemic ravaged through developed economies to hit at the hea...
Commercial banks have continued to extend relief to borrowers with loan restructures to cushion against the pandemic hitting Ksh.844.4 billion in June...
The Central Bank of Kenya (CBK) has remained pragmatic on economic prospects to Kenyans this year even as the green light flashes on a potential recov...
The Central Bank of Kenya (CBK) has held its benchmark lending rate for the second time at seven percent, noting continued policy transmission on rece...
The specter of COVID-19 has developed from a public health emergency to a global economic crisis. In Africa, despite relatively low infection rates...
Kenya’s appetite for commercial debt grew by over eight times or an equivalent 750 percent in a decade from June 2010 to March 2020. The data con...
The quality of assets inside Kenyan banks has continued to deteriorate this year with the stock of bad loans held surging to 13.1 percent in April. ...
As of mid-April, 191 countries had shut down all their primary and secondary schools, affecting almost 1.6 billion children. The shift to remote le...
Local banks expect new loan accounts to shrink significantly in 2020 as the industry prices in the impact of the Covid-19 pandemic. According to a ...
Seven of Kenya’s largest banks have restructured a combined Ksh.176 billion worth of customer loans to cushion clients against the Covid-19 pandemic...