Digital micro-lenders want Kenyans to understand pricing model
The Digital Lenders Association of Kenya (DLAK) says Kenya has been at the forefront of the digital financial revolution and has set the pace for many...
Commercial banks
Kenyans rush to beat 1000 old notes exchange deadline
All Kenyans still in possession of the old 1,000 banknotes have Monday only to exchange them with the new generational banknotes. With the deadline to...
Kenya shilling continues its rally against US dollar
The shilling continued its rally against the US dollar helped by increased foreign exchange inflows from the agricultural sector and foreign investors buying government securities...
Banks told to adopt risk based credit model
The Central Bank has told commercial banks to adopt a risk based credit pricing model whereby customers with better credit scores are advanced loans at...
Banks unveil own mobile money transfer platform
By O’brien Kimani Commercial banks are angling for a piece of the mobile commerce in a bid to shore up flagging revenues in a changing...
Bankers Association to develop new bank code of ethics
By O’Brien Kimani Commercial banks that fail to adhere to a new code of ethics being developed by the Kenya Bankers Association now face severe...
World Bank raises concern over lending rates
By O’Brien Kimani The World Bank has raised the red flag over the cost of credit in Kenya saying high interest rates is derailing economic...