CBK reports that Kenya Shilling remained stable against the US dollar at KSh 129.27, while forex reserves rose to offer 4.6 ...

Bank Al Habib Limited (BAHL) is officially closing its representative office in Kenya, following formal approvals from the central banks of both Pakistan and Kenya. BAHL disclosed the development ...

A general view shows the Central Bank of Kenya headquarters building along Haile Selassie Avenue in Nairobi, Kenya November 28, 2018. REUTERS/Njeri Mwangi/ NAIROBI, May 6 (Reuters) – Kenya’s ...

The central bank has endorsed the exit.“Bank Al Habib Limited (BAHL) hereby notifies its customers the general public, stakeholders, and all interested parties that BAHL shall close down its ...

(Bloomberg) -- Kenya is considering adding gold to its reserves to diversify its foreign exchange holdings beyond the US dollar and other currencies, according to the country’s central bank ...

Nigeria’s central bank has yet to clear the purchase of the National Bank of Kenya (NBK) by Lagos-headquartered Access Bank despite its Kenyan counterpart approving the deal, further delaying ...

As a lobby for banks, the Kenya Bankers Association (KBA) has in recent weeks cudgeled the Central Bank of Kenya (CBK) on its determination of interest rates as if it was a lethal adversary.

The Central Bank of Kenya and the National Treasury have given the green light for Nigerian lender Access Bank PLC to acquire the struggling National Bank of Kenya, marking a key step forward in ...

NAIROBI, April 16 (Reuters) - The Central Bank of Kenya (CBK) will lift a decade-long moratorium on licensing new commercial banks on July 1, it said on Wednesday. The prohibition was imposed in ...

Nairobi — The Central Bank of Kenya (CBK) has approved the acquisition of National Bank of Kenya Limited (NBK) by Access Bank PLC (Access) after the deal met regulatory requirements. The ...

Kamau Thugge, governor of the Central Bank of Kenya and chairperson of the EAC Monetary Affairs Committee, said the growth outlook will be supported by continued strong performance in the ...