Business
CBK Governor Thugge earns ‘A’ Grade for economic leadership
The ‘A’ grade is part of Global Finance’s annual assessment of central bank governors worldwide.
CBK
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.
Business
Sacco lending outpaces deposits by Sh92bn amid costly bank loans
Data from the Sacco Societies Regulatory Authority (Sasra) shows gross loans advanced by the co-operatives rose 11 percent to Sh842.8 billion, compared to a 10.7 percent growth in deposits to Sh750.6 billion.
Business
Kenyan Shilling holds steady as CBK releases Tuesday September 16 rates
According to the published rates, the US dollar (USD) is trading at Sh 129.2400, reflecting the continued demand for the greenback in Kenya’s import-driven economy.
Business
Ex-CBK Chair Mohammed Nyaoga appointed Absa Bank Kenya board chairman
Nyaoga will succeed Charles Muchene, whose tenure as director and board chairman concludes on September 30 after serving the lender for nine years.
News
CBK licenses 27 digital credit providers amid consumer protection debate
The move aims to reshape the country’s booming and controversial mobile lending industry.
Business
CBK to roll out retail bond platform by June 2026
The platform will include a user-friendly interface, a retail depository, and streamlined payment and settlement systems.
Business
CBK clears 27 more digital lenders, total licensed rises to 153
With the latest approvals, the number of regulated digital credit providers (DCPs) now stands at 153.
Business
Sh91.8 billion sent abroad shows rising foreign earnings in Kenya
Data from the Central Bank of Kenya (CBK) shows the amount rose by 5.58 percent from Sh86.99 billion in 2023, marking the fifth consecutive year of growth in remittances sent out of the country.
Business
More Kenyan firms turn to banks, private equity for survival cash
The data reveals that in July, 53 per cent of firms funded their operations through banks and private equity, up from 38.7 per cent in May, making it the highest level of reliance in 15 months.
Business
UBA Kenya cuts losses, awaits fresh capital injection
The bank’s core capital stands at Sh1.49 billion against the CBK requirement of Sh3 billion by December and Sh10 billion by 2029.
Business
CBK reopens three long-term treasury bonds to raise Sh60 billion
In a statement issued on Tuesday, August 26, 2025, the CBK said the reopened bonds are FXD1/2018/020, FXD1/2022/025, and SDB1/2011/030.