About 56% of Kenyans prefer mobile and internet banking over traditional ... This came as lenders began to implement the Central Bank of Kenya (CBK) directives on loan fees. CBK reduced the ...

CBK Governor Patrick Njoroge NAIROBI, KENYA: The Central Bank of Kenya (CBK) has announced the resumption of fees charged on mobile money platforms linked to Savings and Credit Societies(Saccos).

Many mobile lending apps have been struggling to recover loans from their customers but might have found a new way out despite being regulated by CBK.

KUWAIT CITY, March 17: The Central Bank of Kuwait (CBK) has issued a circular to all local banks regarding the updated working hours for the Kuwait Automated Settlement of Payments between ...

the Central Bank of Kenya, (CBK) is under the spotlight as the industry eagerly awaits a decision on whether mobile transactions will remain exempted from charges next year. The regulator is ...

Transactions worth Sh8.7 trillion were conducted through mobile money agents in 2024, underscoring the importance of mobile ...

The cost of loans is set to rise again as the Central Bank of Kenya (CBK) prepares to increase annual licensing fees by 22 times to Sh7.5 billion amid possible resistance from lenders. Draft ...

KUWAIT CITY, March 8: The Central Bank of Kuwait (CBK) reiterated its commitment on Saturday to empowering women and enabling them to play a vital and effective role in development, as well as ...