banking sector news | Radio Generation Kenya

CBK approves transfer of Access Bank Kenya assets and liabilities to National Bank

Business

CBK approves transfer of Access Bank Kenya assets and liabilities to National Bank

In a statement on Wednesday, the regulator said the transaction follows its approval on August 17,2026 under Section 13 (4) of the Banking Act and approval by the Cabinet Secretary for the National Treasury and Economic Planning on 21 September under Section 9 (1) of the same law.

By David Abonyo 23 Sep 2026

Nairobi Securities Exchange closes August with broad gains, indices well above 2025 levels

Business

Nairobi Securities Exchange closes August with broad gains, indices well above 2025 levels

The performance comes against a backdrop of continued investor attention on Kenya’s economic outlook, corporate earnings, interest rates, currency movements and government fiscal policies. These factors have remained important considerations for investors assessing the prospects of listed companies and the wider capital market

By Chrispho Owuor 1 Sep 2026

CBK approves Nedbank’s bid to acquire up to 66% of NCBA Group

Business

CBK approves Nedbank’s bid to acquire up to 66% of NCBA Group

CBK said the approval was granted on August 28 under Section 13(4) of the Banking Act, with the transaction expected to take effect once the agreement between the two companies is completed

By Chrispho Owuor 31 Aug 2026

Banks shift more cash to Government as businesses struggle for credit

Business

Banks shift more cash to Government as businesses struggle for credit

The Kenya Bankers Association (KBA), which led a session on domestic borrowing, credit and financial sector stability, said the increase in government borrowing was changing how banks allocate their funds.

By Maureen Kinyanjui 21 Aug 2026

KCB’s Sh300bn bond plan faces shortage of projects ready for funding

Business

KCB’s Sh300bn bond plan faces shortage of projects ready for funding

Funds raised under the programme will be divided among green, blue and social investments. KCB plans to support renewable energy, sustainable farming, clean and low-emission transport, water and waste management and affordable housing.

By Maureen Kinyanjui 20 Aug 2026

CMA approves listing of Wallstreet Africa banking ETF on Nairobi Securities Exchange

Business

CMA approves listing of Wallstreet Africa banking ETF on Nairobi Securities Exchange

The approval comes as Kenya seeks to diversify capital market products and provide investors with additional avenues for spreading risk

By Chrispho Owuor 11 Aug 2026

KCB sets 8.75 percent base rate as risk-based loan pricing takes hold

Business

KCB sets 8.75 percent base rate as risk-based loan pricing takes hold

KCB Bank Kenya has revised its base lending rate to 8.75% following CBK’s CBR move, affecting new and existing variable-rate loans under the Risk-Based Credit Pricing Model.

By Chrispho Owuor 13 Feb 2026

Kenyan banks back steady policy as inflation risks linger

Business

Kenyan banks back steady policy as inflation risks linger

The call comes ahead of the Monetary Policy Committee (MPC) meeting scheduled for February 10, 2026, where policymakers are expected to weigh domestic inflation trends, credit growth, exchange rate stability and global economic pressures.

By Chrispho Owuor 9 Feb 2026

Kenyan banks race to meet Sh3 billion core capital deadline

Business

Kenyan banks race to meet Sh3 billion core capital deadline

According to December 2024 disclosures, 12 of the 39 banks were still below the threshold. Regulators have mapped a steep capital progression, rising to Sh5 billion in 2026 and eventually Sh1billion by 2029.

By Chrispho Owuor 25 Nov 2025

CBK unveils cybersecurity operations centre to safeguard banking sector

Business

CBK unveils cybersecurity operations centre to safeguard banking sector

CBK pointed out that the BS-SOC will act as a central hub for managing cyber threats targeting Kenya’s financial institutions, which continue to face increasing cyber risk from sophisticated threat actors.

By David Abonyo 22 Sep 2025