Kenyan Banks Archives - Business Elites Africa

December 14, 2020May 6, 2021News around Africa

Kenyan Banks Are Frustrated by Central Bank’s ‘Control’ of Loan Rates

Commercial banks in Kenya have expressed their frustrations over the Central Bank of Kenya’s decision to cap lending rates, after earlier blocking the banks from raising the cost of loans.

December 8, 2020May 6, 2021News around Africa

Why Kenyan Banks Have drastically Reduced number of ATMs available to Customers

Kenyan banks have reportedly slashed the number of Automated Teller Machines (ATMs) available for use in the East African country.

November 23, 2020May 6, 2021News around Africa

Why Kenyan Banks Have drastically Reduced Digital Lending to Customers

Some of Kenya’s biggest banks in said they have drastically cut down on their digital lending to customers. This follows the Central Bank of Kenya’s decision to put a hold on bank’s ability to list names of loan defaulters with the country’s Credit Reference Bureaus (CRBs).

September 30, 2020February 3, 2022News around Africa