Topic: banks
Kenyan Bankers To Pay Kes 10,000 Annual Fee In New Bill
Bankers in the country are set to pay Kes 10,000 per year as a license should the proposed “The Institute of Bankers Bill 2024” bill pass in the National Assembly.
Bankers in the country are set to pay Kes 10,000 per year as a license should the proposed “The Institute of Bankers Bill 2024” bill pass in the National Assembly.
Kenya Joins Asian Infrastructure Investment Bank As A Fully Paid Member
Kenya presented documents of ratification and ascension on Tuesday at the bank's headquarters.
Kenya presented documents of ratification and ascension on Tuesday at the bank's headquarters.
Central Bank Of Kenya Reduces Base Rate To 12.75 Percent
CBK says that the previous rate of 13 percent helped cool inflation and strengthen the Kenyan shilling against major global currencies, such as the US dollar.
CBK says that the previous rate of 13 percent helped cool inflation and strengthen the Kenyan shilling against major global currencies, such as the US dollar.
Real-Time Bank-To-Bank Transfers To Be Mandatory For Banks
This directive was forwarded to banks, including the Standard Chartered Bank.
This directive was forwarded to banks, including the Standard Chartered Bank.
Banks To Seek Approval From Treasury Before Raising Interest Rates
The Supreme Court has ruled that banks and financial institutions must seek approval from the National Treasury Cabinet Secretary before increasing interest rates on loans and facilities.
The Supreme Court has ruled that banks and financial institutions must seek approval from the National Treasury Cabinet Secretary before increasing interest rates on loans and facilities.
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