Central Bank Kenya
Egyptian Bank Acquires Majority Stake in Small Kenyan Lender
The Commercial International Bank of Egypt (CIB) has completed the 51% acquisition of Tier III lender Mayfair Bank, the Central Bank of Kenya...
Samuel Gitonga1 Mins read
Are Kenyans’ bank accounts really that poor?
If one was to consider the wealth of Kenyans by looking at their bank accounts, one would probably conclude that citizens of this...
Mike Njoroge2 Mins read
SBM concludes acquisition of 75% Chase Bank stake
Mauritian bank SBM Holdings has concluded the acquisition of Chase Bank, effectively ending the bank’s two year receivership. This after the bank signed...
BT Correspondent1 Mins read
Bank managers upbeat on economic growth
Commercial banks expect more of their clients to repay their loans on time, indicating growing optimism in the recovery of the country's economy...
XINHUA1 Mins read
Mauritius bank buys out Chase Bank
Mauritius’s SBM Holdings will acquire 75% of the value of certain deposits of Kenya’s Chase bank plus matched liabilities, the Central Bank of...
REUTERS1 Mins read
MPC to hold next meeting on January 22
The Monetary Policy Committee (MPC) will hold its next meeting on Monday, January 22, 2018, the Central Bank of Kenya (CBK) has said....
BT Reporter1 Mins read
Kenya shilling suffers fresh beating
The Kenya shilling declined sharply on Wednesday against the US dollar, weighed down by raging political crisis in the country, which saw an...
BT Reporter3 Mins read
