This was discussed on Wednesday, November 27, during a meeting at which the Finance Committee of the National Assembly heard views from the Kenya Bankers Association (KBA) regarding the proposed ...

The Central Bank of Kenya (CBK) lowered the base lending rate to 11.25% in December 2024 from 12% in October 2024, urging ...

NAIROBI, KENYA: Kenya Bankers Association (KBA), the banking industry umbrella body, has announced the appointment of the management team that will spearhead technical and business operations of ...

Officials representing the Kenya Bankers Association advocacy group told a parliamentary committee the move would affect the livelihoods of over 7,000 employees. The banks likely to be impacted by ...

Up to 24 banks in Kenya could be forced out of business if plans to raise capital requirements become law, claims the country’s bankers association. The Business Laws amendment bill would ...

Banks are reluctant to offer lower rates, arguing there is a risk of loan defaults and they have locked in higher deposits.

This saw the Kenya Bankers Association (KBA) announce its members would begin lowering lending rates, a move aimed at easing access to credit and supporting Kenya’s economic recovery.