The Central Bank of Kenya has fined five big banks Ksh 392.5 million for transacting illegally with the National Youth…
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Dive into the pulse of East African banking and finance with Khusoko.com. Explore in-depth news, analysis, and insights on everything from financial regulations and fintech trends to industry mergers and central bank announcements.
Kenya’s financial sector has been rated “satisfactory” due to reduced capital and a drop in asset quality compared to a…
SBM Holdings Ltd has acquired Chase Bank Kenya Limited (In-Receivership) through its subsidiary SBM Bank. The move comes after having…
Barclays Bank of Kenya (BBK), a subsidiary of Absa Group Limited has reported a profit after tax of KES 3.8…
Barclays Africa Group Ltd has officially changed its name to Absa Group following the separation following the sell-down by Barclays…
The Central Bank of Kenya (CBK) continues to reiterate that interest rate caps have undermined the conduct of the monetary…