The Central Bank of Kenya (CBK) has published loan interest rates charged by Kenyan commercial banks as of May 2025. In the ...

East African capital markets are optimistic of accelerated integration of regional stockmarkets and an expanded pool of ...

NAIROBI, June 10 (Reuters) – Kenya’s central bank cut its benchmark lending rate to 9.75% on Tuesday from 10.00% previously, the bank’s Monetary Policy Committee said. It was the sixth ...

State-owned Bank of Baroda (BoB) on Sunday said it has cut its benchmark lending rate linked to repo rate by 50 basis points in line with the RBI's rate reduction. Meanwhile, private sector HDFC ...

This change will open the market to fintechs and digital banks, which is expected to increase market competition and, possibly, bank consolidations as small banks are forced to merge or exit the ...

In a strategic step for the East African banking market, Access Bank Plc has formally completed its acquisition of National Bank of Kenya (NBK) from KCB Group, which commenced in March 2024.

Accordingly, the Central Bank of Kenya, CBK, confirmed the deal, disclosing that regulatory approvals were granted earlier in April 2025. “This follows CBK’s approval on April 4, 2025, and ...

Access Bank Plc and KCB Group Plc have officially announced the completion of the sale of National Bank of Kenya Limited to Access Bank Plc, marking the conclusion of a transaction initiated in ...

Bank of Baroda’s Square Drive Deposit Scheme Bank of Baroda offers an interest rate of 7.10% per annum on its Square Drive Deposit Scheme with a tenure of 444 days. Senior citizens are eligible ...

Bank of Baroda cut rates on retail savings deposit accounts from 7.30% to 7.15% in April, Chand said, adding that 40-50% of the bank’s deposits should reprice in about six months and the entire ...

Business & Finance BAHL (Bank AL Habib Limited) 166.00 1.05% Bank Al Habib shuts representative office in Kenya BR Web Desk Published May 6, 2025 Follow us ...

Bank of Baroda 5 year Tax Saving Rate Holders of the Bank of Baroda tax-saving FD cannot make premature withdrawals during their five-year lock-in period. Tax-Saving FD account holders must deposit a ...