interest rates
Sanlam Kenya Adopts Financial Engineering Strategy to Accelerate Growth
Listed local non-bank finance solutions provider Sanlam Kenya PLC has formulated a business plan to accelerate the firm’s growth and profitability.
BILL YAURA
CBK Reforms to Tighten Interbank Rates and Lower Cost of Credit
The Central Bank of Kenya (CBK) has taken measures to tighten the disparity between interbank rates and its benchmark lending rate in a...
STEVE WAMBUGU
Top 5 Best Money Market Funds in Kenya (2024)
The “money markets” are a financial segment where assets with brief maturity periods provide a relatively near-stable and high market-driven rate of returns...
JUSTUS KIPRONO
Keeping Money in the Bank Won’t Make You Wealthy
If the bank is keeping Ksh1,000 for you for a year, the returns will not be more than Ksh200.
Hakeenah N. Njenga
Uhuru Throws Kenyans in the Sea of Banking Sharks
The Finance Act 2019, among other provisions, repeals section 33B of the Banking Act that provides for the capping of bank interest rates.
BT Reporter
Why World Bank wants Saccos turned into banks
Global lender says while the country already has 43 commercial banks, one way of increasing competition would be to allow Saccos to compete...
THE STANDARD
Barclays Bank closes seven branches
Hundreds to lose jobs as branches are merged while others are shut down in new restructuring
BT Correspondent
KBA’s online live chat with bank CEOs resumes
This Friday's chat will be hosted by I&M Bank CEO Maina Kihara under the topic “Developments in the Financial Markets”
BUSINESS TODAY
Kenyans splash Sh210bn on buying homes
Demand attributed to an increased appetite for home ownership as opposed to rentals with the value of mortgage loan assets outstanding increasing from...
BT Reporter
