Co-op Bank Group has announced a significant 2% reduction in its Base Lending Rate from 16.5% to 14.5% per annum in line with...
Economic indicators can have a significant influence on forex market trends and currency pairs.
Listed local non-bank finance solutions provider Sanlam Kenya PLC has formulated a business plan to accelerate the firm’s growth and profitability.
The Central Bank of Kenya (CBK) has taken measures to tighten the disparity between interbank rates and its benchmark lending rate in a...
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...
If the bank is keeping Ksh1,000 for you for a year, the returns will not be more than Ksh200.
The Finance Act 2019, among other provisions, repeals section 33B of the Banking Act that provides for the capping of bank interest rates.
Global lender says while the country already has 43 commercial banks, one way of increasing competition would be to allow Saccos to compete...
Hundreds to lose jobs as branches are merged while others are shut down in new restructuring