credit
Banks in Race to Lower Price of Loans
The boards of all licensed banks have until this November to approve a new loan pricing prescribed by the Central Bank of Kenya(CBK)...
JACKSON OKOTH2 Mins read
CBK Powerful Loan Pricing Tool Offers Major Relief to Borrowers
The Central Bank of Kenya (CBK) has issued new guidelines that will assist banks to price their loans to retail customers. The Risk-Based...
JACKSON OKOTH2 Mins read
Banks Warn of Loans Dry Spell Over Proposed Lending Model
The banking industry says the Central Bank of Kenya’s (CBK) proposed Risk-Based Credit Pricing Model could stifle access to credit for vulnerable enterprises,...
BT Reporter1 Mins read
KCB Sh1 Billion SME Guarantee Deal With Sweden To Lift SMEs
KCB Bank Kenya and Swedish International Development Cooperation Agency (SIDA) have rolled out a Ksh1 Billion guarantee scheme that will go towards de-risking...
BILL YAURA1 Mins read
Loan That Pays Your Salary Well Before Your Employer Does
The temptation was too good to resist. For Maureen Were, the dream for the latest double-door fridge was overwhelming. So, on a Saturday...
BT Reporter2 Mins read
Joy For Borrowers As All-Or-Nothing CRB Listing Set To Be Abolished
The government will work with credit reference bureaus on a new system of credit score rating that provides borrowers with an opportunity to...
BT Reporter1 Mins read
KCB Deal With Chamber of Commerce To Accelerate Credit Flow To SMEs
KCB Bank Kenya has signed a strategic partnership with the Kenya National Chamber of Commerce and Industries (KNCCI) Mombasa Chapter to accelerate the...
BT Reporter1 Mins read
Mwananchi Credit Unveils Weekend Loans for Loyal Customers
Processed in under 10 minutes, it is the fastest loan in its credit portfolio and arguably one of the fastest in the digital...
BT Reporter1 Mins read
For Kenyan Business Women, Credit No Longer a Big Deal
Credit Bank has been keen on financing and helping SMEs transition to their next stages by facilitating capacity building.
BT Correspondent2 Mins read
