CBK Licenses 19 More Digital Credit Providers
The Central Bank of Kenya (CBK) has licensed 19 additional Digital Credit Providers (DCPs) bringing the number to 51. This ...
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Tuesday, September 10, 2024
Tag: CBK
CBK’s MPC Raises Base Interest Rates To 13 Pc
The Central Bank of Kenya (CBK) Monetary Policy Committee (MPC) has raised its base interest rates by 50 basis points ...
Read moreCBK Increases Daily Mobile Money Transaction Limit, Mobile Wallet To Ksh250,000 And Ksh500,000
The Central Bank of Kenya (CBK) has revised the daily mobile money transactions limit and size of mobile wallet to ...
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CBK Planning To Use Huduma Namba For Digital Payments
The Central Bank of Kenya (CBK) is now banking on the rollout of the National Integrated Identity Management System (NIIMS), ...
Read moreForeigners Snap-up Kenya’s Microfinance Banks
Kenya’s microfinance sector is emerging as a soft landing for investors eyeing the banking industry in a move that opens ...
Read moreCBK In The Final Stages Of Introducing Own Digital Currency
The Central Bank of Kenya (CBK) has announced the issuance of a Discussion Paper on Central Bank Digital Currency (CBDC) ...
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Digital Lenders Flex Muscles With CBK Over Absolute Control
Digital Lenders Association of Kenya (DLAK) has protested a change in the law that will allow the Central Bank Kenya ...
Read moreDiaspora Remittances Hit A Record High Of Ksh422 Billion In 2021
Remittance inflows to Kenya have increased tremendously in recent years, with total remittances in 2021 reaching a record USD3,718 million ...
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