NAIROBI, KENYA: Central Bank of Kenya (CBK) has granted Mayfair Bank licence to conduct banking business in Kenya. In a communication, CBK said the license has been granted pursuant to Sections 4 and ...
CBK confirmed that the cancellation was effective from May 15, 2025. The move was prompted by BAHL’s decision to close its Nairobi-based representative office as part of efforts to streamline its ...
As a lobby for banks, the Kenya Bankers Association (KBA) has in recent weeks cudgeled the Central Bank of Kenya (CBK) on its determination of interest rates as if it was a lethal adversary. It is not ...
Kenya’s central bank is targeting leading local banks to provide liquidity in the government bonds market as part of a broader shift aimed at ensuring the availability of buyers and sellers and ...
Nairobi — The Central Bank of Kenya (CBK) has proposed a sharp reduction in mobile money transaction fees, a move that could ease the cost of transfers for millions of Kenyans. Under the Kenya ...