Central bank of Kenya (CBK)
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News
Flutterwave responds to accusations of operating without a license in Kenya
After reports emerged that Nigerian fintech startup Flutterwave was operating without a license in Kenya, the company has sent out…
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News
CBK Governor Says Flutterwave is Not Licensed To Operate In Kenya
The Governor of the Central Bank Of Kenya (CBK), Dr Patrick Njoroge has said that fintech companies Flutterwave and Chipper…
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News
Our position on cryptocurrencies has not changed, CBK Governor says
The Central Bank of Kenya (CBK) Governor Patrick Njoroge has insisted that the bank’s position on the use of cryptocurrencies…
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BUSINESS
Banks to start blacklisting loan defaulters at CRBs after CBK’s Nod
Since Kenya reported the first case of Covid-19 in March, several measures were hastily put in place to cushion citizens…
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News
Digital Lenders Oppose CBK’s Plans to Regulate Mobile Loan Interest Rates
As part of the Central Bank of Kenya (Amendment) Bill, 2020, the banking regulator is about to be given power…
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BUSINESS
CBK Seeks to Regulate Digital Lenders in Kenya in new Proposed Bill
The Central Bank of Kenya (CBK) seeks to regulate mobile lending loan rates in a new bill proposed to parliament.…
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News
Safaricom Wanted CBK To Limit Free M-PESA Transfers To 5 Per Day After Massive Losses
Free M-PESA cash transfers for transactions less than Ksh 1000 is very helpful. It’s a measure put forward by the…
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BUSINESS
Kenyans To Continue Sending Up to Ksh 1000 Via Mobile Money for Free till December 31st
In March, the Central Bank of Kenya rolled out several measures to cushion locals from the adverse effects presented by…
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BUSINESS
CMA Grants HFC License to provide custodial services
HFC, the banking subsidiary of HF Group, has received approval by the Capital Markets Authority (CMA) and Central Bank of…
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BUSINESS
Report: Kenya Makes Significant Progress in Sustainable-Finance Reforms.
Kenya is one of 34 countries that have introduced banking reforms to expand sustainable lending, making emerging markets a major force…
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BUSINESS
Equity Bank reduces interest rate on credit facilities to 14.5% p.a
In line with the new regulation, Equity Bank has today announced that it has adjusted its interest rates to 14.5%…
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BUSINESS
NetGuardians brings anti-fraud software solutions to Kenyan banks
Recent times have seen Kenyan banks being hit by several high profile fraud cases despite the Central Bank pledging tougher…
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