Banking Sector, General
The Finance Act, 2016 amended Section 31 of the Banking Act to bring on board (credit information sharing framework) saccos, cooperative societies, public utility companies and any other institution mandated to share credit information under any written law. In...
Banking Sector, General
The Central Bank of Kenya (CBK) has been in the process of reviewing the existing regulatory and supervisory framework for microfinance banks to accommodate considerable changes that have been experienced in the Microfinance industry over the years. This comprehensive...
Banking Sector, General
The Finance Act, 2018 amended the Central Bank of Kenya Act (CBK Act) to provide the legal framework for the licensing and regulation of the mortgage refinance business and to bring the operations of Mortgage Refinance Companies (MRCs) within the regulatory and...
Banking Sector, General
The Central Bank of Kenya (CBK) has released its Bank Supervision Annual Report for 2017. The Report highlights the banking sector’s performance and developments in 2017 and may be accessed from CBK’s website…..Read more…
Banking Sector, General
In line with the on-going regulatory reforms aimed at strengthening service standards, consumer protection and enhanced competition in the banking sector, CBK proposes to introduce a Kenya Banking Sector Charter to guide service provision in the sector. The objective...
Banking Sector
The Central Bank of Kenya has issued the credit officer survey report for the quarter ended March 2018. The credit survey is undertaken on a quarterly basis to monitor trends in credit standards in the Kenyan banking industry. Read more…
