Kenya’s Central Bank Fines UBA for Breaching Capital Requirements
The Central Bank of Kenya (CBK) has penalized United Bank for Africa (UBA) Kenya for failing to meet critical capital ...
Tag: Central Bank of Kenya
Kenyan Shilling Gains 17% Amid Two Interest Rate Cuts in 2024 as Inflation Eases
The Kenyan shilling has appreciated by 17% against the US dollar in 2024, driven by the Central Bank of Kenya’s ...
Kenya Lowers Key Interest Rate to 12% Amid Cooling Inflation
The Central Bank of Kenya (CBK) has reduced its key lending rate by 75 basis points, bringing it down to ...
Kenyan Banks Face Higher Capital Requirements to Boost International Competitiveness
In a recent announcement, the Governor of the Central Bank of Kenya (CBK) revealed plans to raise the capital requirements ...
Kenyan Court Freezes Flutterwave’s Bank Accounts and Mobile Wallets Amidst Fraud Allegations.
According to Business Daily Africa, this week High Court judge Alfred Mabeya of Kenya issued orders freezing 45 banks accounts ...
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