Co-op Bank Slashes Base Lending Rate by 2 per cent.
Cooperative Bank customers can now smile all the way to the bank after the leading lender announced that it was slashing its lending rate by 2 per cent. In a…
Omtatah Takes on IMF and World Bank Over Loans to Kenya, Threatens Court Battle
Busia Senator and Lawyer Okiya Omtatah has faulted the International Monetary Fund (IMF) and the World Bank for enabling the ballooning of Kenya's debt by continuing to provide the funds…
World Bank backs Kilifi’s water reticulation plan – Kenya News Agency
Kilifi County, in partnership with the World Bank, is implementing Sh2.58 billion water reticulation projects, according to Governor Gideon Mung’aro. The Governor stated that his administration, with the support of…
World Bank joins KRC in major effort to decongest Nairobi – Kenya News Agency
The Kenya Railways Corporation (KRC) has partnered with the World Bank in a project to decongest the Nairobi transport system to facilitate smooth, sustainable, and efficient flow of traffic. The…
Bank step up efforts to conserve endangered sea turtles in Diani – Kenya News Agency
As the country is emerging from the festive period SBM Kenya Bank has joined hands with other stakeholders to redouble their efforts in Sea Turtle Conservation in Diani Beach through…
Co-op Bank & Visa Launch Business Cards to Revolutionize Business Payments
Co-operative Bank of Kenya, in partnership with Visa, has launched a debit card, and credit card, and a pre-paid business card designed to transform how medium and small business enterprises,…
Kenyan Banks Agree to Lower Lending Rates After Pressure from Central Bank Directive
Just two days after the Central Bank of Kenya (CBK) issued a directive urging banks to lower their lending rates, banks have finally given in to the pressure. In a…
World Bank Denies Ksh17 Billion Grant to Kenyan Supreme Court Judges
The World Bank has dismissed allegations of planning to grant Ksh17 billion to seven Supreme Court judges to facilitate the construction of courts and toilets. The multilateral lender in a…
CoG Defends Governors With Multiple Bank Accounts After Uproar
The Council of Governors (CoG) on Thursday defended the counties operating multiple bank accounts. Through its chair, Wajir Governor Ahmed Abdullahi, the council maintained all accounts opened and operated by…
Central Bank Makes Successive Interest Rate Cuts After Significant Drop in Inflation
Kenyans are poised to access cheaper loans for the next two months after the Central Bank of Kenya's Monetary Policy Committee (MPC) lowered the base lending rate for the third…