Banks are set to reap big after the High Court on Thursday ruled that the law capping interest rates is unconstitutional. The High...
[dropcap]K[/dropcap]enyans who have commercial bank loans and mortgages are not a happy lot as plans to scrap caps on interest rates gain momentum....
The Co-operative Bank has posted a net profit of Ksh 9.5 billion for the third quarter of 2017, which is a decline from...
Kenya Commercial Bank is the top ranked bank in Eastern Africa with capital of Ksh74.4 billion (US$717 million), according to the 2017 survey...
Banks are now calling for a review of interest rates cap law, saying it has failed to achieve its objectives. According to the...
Local bank acquisitions are now happening at cheaper valuations owing to the effects of the interest rate cap. "Earlier bank acquisition announcements, such...