Central Bank of Kenya articles over last 30 days

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2015/05/25 17:29
2015/05/25 17:29
1d
Nairobi — The rise of bancassurance in Kenya has led to a stagnant growth of insurance agents raising fears that the latter may become irrelevant in the market. According to the Insurance Regulatory...
2015/05/25 17:29
2015/05/25 17:29
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2015/05/21 11:29
2015/05/21 11:29
5d
Bad from the country's 44 lenders loans rose to Sh117.2 billion in March from Sh107.1 billion in December, a 9.4 per cent increase over the three-month period, a new Central Bank of Kenya report...
2015/05/20 16:29
2015/05/20 16:29
6d
Nairobi — Kenyans deposited some Sh2.41 trillion with commercial banks in the first quarter of 2015 from Sh2.33 trillion deposits in the previous quarter ending December last year. Latest statistics...
2015/05/18 07:29
2015/05/18 07:29
9d
Nairobi — Kenya Commercial Bank Limited (KCBL) shareholders have approved the formation of KCB Group Limited , a non-operating holding company that will own the Bank and all its other interests...
2015/05/14 09:29
2015/05/14 09:29
12d
FORMER Central Bank of Kenya governor Nahashon Nyagah has been sued for alleged fraud in trying to snatch the multibillion-shilling Tatu City project from its American owners. In papers filed at the...
2015/05/13 13:29
2015/05/13 13:29
13d
Nairobi — The Central Bank of Kenya (CBK) on Tuesday downplayed concerns over a weakening shilling, saying it had enough reserves to shield the currency against major turbulence. CBK Deputy Governor...
Read more at AllAfrica.com, iol.co.za
2015/05/12 14:29
2015/05/12 14:29
14d
The banking industry's migration to the EMV Compliance Standard has so far been successful. Nearly a year after the adoption of EMV, which introduced Chip and PIN technology as the industry wide...
2015/05/12 07:29
2015/05/12 07:29
15d
Nairobi — Demand for credit has increased in five sectors of the economy in the first quarter of 2015 that include trade at 60 percent followed by building and construction sector and Agriculture at...
2015/05/08 09:31
2015/05/08 09:31
18d
Nairobi — The average lending rate for commercial banks now stands at 15.5 percent according to the latest 2015 economic report by Stratlink Africa. The report indicates that the spread between the...
2015/05/06 07:29
2015/05/06 07:29
21d
THE High Court yesterday reinstated former Central Bank of Kenya governor Nahashon Nyagah and businessman Vimal Shah to the board of Tatu City. Judge Eric Ogola ruled that their ouster was...
2015/05/04 14:30
2015/05/04 14:30
22d
Nairobi — Kenya will receive a Sh3.5 billion ($37million) credit from the World Bank Group under a new finance program. The loan is aimed at improving financial stability by ensuring more affordable...
2015/05/01 13:29
2015/05/01 13:29
25d
World Bank Group's new support to help strengthen the financial sector through better development prospects The World Bank Group will support Kenya to develop a stronger financial system, increase...
2015/04/30 07:31
2015/04/30 07:31
27d
THE strengthened US dollar has plunged the shilling to a historical low, defying all attempts by the Central Bank to rescue the local currency. The shilling was trading at over 2,000/- on Tuesday,...
2015/04/29 14:29
2015/04/29 14:29
27d
Nairobi — A rush by government bodies to buy before the financial year closes in June is one of the reasons putting the Kenya shilling under pressure against the US dollar. This is according to...
2015/04/26 13:30
2015/04/26 13:30
30d
Housing Finance could soon become a regional bank in a move aimed at expanding its mortgage lending base, managing director Frank Ireri told the annual general meeting on Friday. He said the company...
2015/04/24 14:29
2015/04/24 14:29
m
Safaricom has announced the appointment of Stephen Chege to the position of Director - Corporate Affairs. Mr Chege takes over from Nzioka Waita, who left the company last week following his...
2015/05/25 17:29
2015/05/25 17:29
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