Kenya’s banking industry enjoyed robust growth in terms of assets, liabilities, and liquidity conditions. According to the Kenya Bankers Association’s…
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Customers who open a new account can access the newly introduced Absa Digital Savings Account, which has an introductory interest rate of 7% per annum.
The bonds are currently trading in the secondary market at yields of 11.7%, 13.5% and 13.9% for FXD1/2022/03, FXD2/2019/10 and FXD1/2021/20, respectively.
The Central Bank of Kenya (CBK) has warned consumers against engaging with fintech payments Flutterwave and Chipper Cash. In a…
The CBK said Daraja, licensed in 2015 and whose main customers are small and medium enterprises, has a market share of below 1% of the microfinance banking sector in Kenya.
The Central Bank of Kenya (CBK) has said payments fintech Flutterwave and Chipper Cash are not licensed to operate in…