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Kenya Banking News. Service for global professionals. Constantly updated news and information about Kenya.
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Latest Kenya Banking News

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  • Kenya cuts lending rate to 7 percent 25 Nov 2009 18:39 GMT
    ... Economy - Development | Politics | Society Kenya cuts lending rate to 7 percent Kenya’s ... of loans to the private sector. “Both banks and the real sector understood the Committee’s ... “The efficiency of liquidity management by the banking sector is being enhanced through the horizontal ...

  • Kenyan rate cut seen boosting long-term lending-analysts 25 Nov 2009 17:19 GMT
    ... George Obulutsa NAIROBI, Nov 25 (Reuters) - Kenya's central bank rate cut is seen spurring ... was seen as a signal to commercial banks to lower their lending rates, which have remained ...

  • Kenyan Central Bank Lowers Key Interest Rate To 7% 25 Nov 2009 07:15 GMT
    ... Kenyan Central Bank Lowers Key Interest Rate To ... economic recovery. The central bank said the banking sector was stable and credit risk was declining. ...

  • Putting your stockbroker through the acid test 25 Nov 2009 15:15 GMT
    ... Stock Market, whose small investment portfolio includes Kenya Airways, Safaricom and KenGen shares. Like other retail ... financial strength of their stockbrokers and investment bankers – publication of their financial results in ... the Kenya Association of Stockbrokers and Investment Banks (KASIB) chief executive officer, Jane Njeru. Ms ...

  • Analysts say economy is on the mend 25 Nov 2009 20:33 GMT
    ... Kenya’s return to robust economic growth is hinged ... rose 10 per cent. Beer manufacturers and banks will follow GDP trends, while dry grains, ... this year. CFCSFS approximations indicate beer and banking sectors have grown four per cent in ...

  • African Markets - Factors to watch on Nov 25 25 Nov 2009 06:10 GMT
    ... points. It was hit by losses in banking stocks. NIGERIA BUDGET The government presented to parliament ... to ensure prices are not driven downwards. KENYAN MARKETS The Nairobi Stock Exchange's main index, ...

  • KCB to Link Its Branches to Group Network 25 Nov 2009 09:02 GMT
    ... Kigali — Kenya Commercial Bank (KCB) Rwanda is in the ... in the process of installing a new banking software that will link all its branches to ...

  • Research and Markets: Mobile Money: Lessons from Emerging Markets - The Mobile Money Market Today Remains so far Largely Untapped 25 Nov 2009 15:20 GMT
    ... customers) that have never had access to banking services. Mobile Network Operators are uniquely positioned to ... Zain ( ) Zap services in the Kenyan market, the report arrives at a set ...

  • Why property prices will not be coming down soon 25 Nov 2009 20:33 GMT
    ... Asian countries. This brought down many businesses. Kenya’s market, however, has remained unshaken. Today, signs ... at slightly lower interest rates than long-term mortgage rates. Similarly, most developers give discounts to ...

  • Bank of Baroda to add 2,000 jobs in 2009 25 Nov 2009 15:15 GMT
    ... opened, one each in China, the UAE, Kenya and Uganda. Six more would be opened in ... of charge and through branches of other banks at a nominal fee. He said the total ...

  • Up-and-coming leaders recognized as Rising Stars 25 Nov 2009 12:16 GMT
    ... Gillen, 105th Maintenance Squadron, Stewart ANG Base; Kenya Gipson, Clear Channel Radio of the Hudson ... Orange & Sullivan Counties; Johnnieanne Hansen, Coldwell Banker Currier & Lazier Realtors; Danielle Henry, St. Jean ...

  • Hard lessons in the collapse of stocks firms 25 Nov 2009 15:15 GMT
    ... there anything they could have done differently to avoid the situation? According to the Kenya Association of Stockbrokers and Investment Bankers (Kasib), if you or any new investor like Ms Wangari fear that your shares may ...

  • Is There Such a Thing as Agro-Imperialism? 25 Nov 2009 18:17 GMT
    ... a series of meetings, Saudi government officials, bankers and agribusiness executives told an institute delegation led ... few transactions have received significant publicity, like Kenya's deal to lease nearly 100,000 acres to ...

  • Ghost Firms Take Over Public Land 25 Nov 2009 09:02 GMT
    ... piece of land, will consist of 105 luxury apartments which civil servants and other Kenyans will be able to acquire through a government mortgage scheme. According to Housing Permanent Secretary Tirop Kosgey, the NHC is shifting from providing ...

  • What is wrong with African leaders? 25 Nov 2009 00:44 GMT
    ... be described as Kleptocracy. In East Africa Kenya is ranked the most corrupt country in ... if instead of stealing the money and banking it in Switzerland, Monaco, France, Britain, Cayman Island ...


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