Commercial Banks Ordered To Seek Approval From Finance CS Before...
The Supreme Court has declared that banks and financial institutions must seek approval from the Cabinet Secr...
Record Sh621bn loan defaults push commercial banks into rare prof...
Loan defaults rose by Sh133.6 billion in the financial year ended December 2023, overtaking levels recorded during th...
Banks start sharing customer data, balances with KRA
Banks have started sharing information about foreign account holders with the Kenya Revenue Authority (KRA) as the ta...
Top Kenyan banks set aside Sh62bn, anticipate record defaults
Eight tier-1 banks including Equity, KCB and Stanbic have increased their loan-loss provisions by 45.8 percent to Sh6...
THE STATESMAN'S EXPLAINER: What small scale farmers can do to acc...
Small-scale farmers account for over 70 per cent of agricultural production in Kenya. Despite this,...
Banks cut lending as defaults increase to Sh586 billion
Commercial banks’ loan book has shrunk for the first time in 20 months, pointing to slowed issuance of new loan...
