Banking Sector
The Central Bank of Kenya (CBK) announces the acquisition of certain Assets and Liabilities of Spire Bank Limited (Spire) by Equity Bank Kenya Limited (EBKL) effective January 31, 2023. This follows approval by CBK on January 23, and the Cabinet Secretary for the...
Banking Sector
The Central Bank of Kenya (CBK) announces the acquisition of 49 percent of the shareholding of Mayfair CIB Bank Limited (MBL) by Commercial International Bank (Egypt) S.A.E. (CIB) effective January 31, 2023. This follows CBK’s approval on January 23, 2023, under...
Banking Sector
The Central Bank of Kenya has released the Credit Officer Survey Report for September 2022. The quarterly survey monitors developments in the domestic credit market. Read the full report...
Banking Sector
The Central Bank of Kenya (Amendment) Act, 2021, which became effective on December 23, 2021, empowered CBK to license, regulate and supervise digital credit providers (DCPs) to ensure a fair and non-discriminatory marketplace for access to credit. Subsequently, the...
Banking Sector
The Central Bank of Kenya on behalf of the Financial Sector Regulators has released the Kenya Financial Sector Stability Report, 2021. The report provides an assessment of the global and domestic economic and financial sector developments from January 2021 to June...
Banking Sector
The Central Bank of Kenya has released the Credit Officer Survey Report for June 2022. The quarterly survey monitors developments in the domestic credit market. Read the full report...