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A service for banking industry professionals · Wednesday, April 16, 2025 · 803,953,072 Articles · 3+ Million Readers
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Central Bank of Kenya News Monitoring

  • Published on 21:02 GMT

    CBK to lift 10-year ban on licensing new banks in July 2025

    CBK Governor Dr. Kamau Thugge before the National Assembly's Committee on Finance and National Planning in regards to the implementation of Central Bank Rate (CBR) at Bunge Towers, Parliament, Nairobi. March 25th, 2025 [Elvis Ogina, Standard] The …

    Source: The Standard - Indeterminate
  • Published on 13:16 GMT

    Govt Gives Directive to New Banks After Lifting 9-Year Ban

    The Central Bank of Kenya (CBK) has lifted the temporary suspension that the government had put in place on the licensing of new banks in the country.  In a press statement released on Wednesday, CBK confirmed that the moratorium that had been in place …

    Source: Kenyans.co.ke - Neutral
  • Published on 15:53 GMT

    Kenya lifts ban on establishing new commercial banks

    NAIROBI, April 16 (Xinhua) -- The Central Bank of Kenya (CBK) said on Wednesday that it has lifted a nearly decade-long ban on the establishment of new commercial banks in the East African country, effective July 1. The apex bank said in a statement issued …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on 03:06 GMT

    Manufacturers seek higher loan limit in credit guarantee scheme

    Manufacturers want the State-funded credit guarantee scheme (CGS) for small businesses to be increased by Sh15 million and the repayment period extended to eight years. This proposition aims to improve capital access among micro, small, and medium …

    Source: The Standard - Indeterminate
  • Published on 00:53 GMT

    Kenyan neurosurgeon shares how mobile phone landed him a life sentence

    Dr Clement Munyau Katiku, a former neurosurgeon at Kenyatta National Hospital, is serving a life sentence at Kamiti Maximum Prison Clement bought a used mobile phone for KSh 2,000 from a mortuary attendant intending it as a gift for his daughter He stated …

    Source: TUKO - Neutral
  • Published on Apr 15, 2025

    MP Ndindi Nyoro warns Kenya on the brink of defaulting as debt burden hits Ksh.11 trillion

    Kiharu Member of Parliament Ndindi Nyoro has raised the red flag, warning that the country is in a debt crisis and could soon join Africa's debt defaulters club. Speaking at the Institute of Public Finance annual budget review, the former Budget and …

    Source: Citizen TV Kenya - Indeterminate
  • Published on Apr 15, 2025

    Access Bank gets approval to acquire 100% equity stake in Bank of Kenya

      Access Bank, a subsidiary of Access Holdings Plc, has secured approvals from the Central Bank of Kenya (CBK) and Kenya’s National Treasury and Economic Planning for the acquisition of 100% shareholding of the National Bank of Kenya (NBK). According to a …

    Source: Business Hallmark - Neutral
  • Published on Apr 15, 2025

    Plateau Killings: Tinubu Demands Action After 52 Killed | Nigerians Lose Millions in CBEX Scam

    Hello and welcome! In today’s trending news stories; 1. President Bola Tinubu has ordered Plateau State Governor Caleb Mutfwang to take decisive action and end the cycle of violence plaguing the state, following a night attack that killed 52 people in Zike …

    Source: The News Chronicle - Neutral
  • Published on Apr 15, 2025

    Access Bank gets CBK nod to acquire NBK

    National Bank of Kenya branch in Nairobi. [File, Standard] The Central Bank of Kenya (CBK) has approved the acquisition of National Bank of Kenya (NBK) by Access Bank Kenya. The deal was approved by CBK on April 4, and subsequently by the National Treasury …

    Source: The Standard - Indeterminate
  • Published on Apr 15, 2025

    Access Bank Acquires National Bank of Kenya from KCB Group

    Nigeria’s leading Money Deposit Bank, Access Bank PLC has officially acquired 100 per cent of the shareholding in National Bank of Kenya Limited (NBK) from KCB Group PLC. The Central Bank of Kenya (CBK) announced this on Monday. The transaction received …

    Source: Point Blank News - Pending
  • Published on Apr 14, 2025

    Access Bank gets final approval to acquire National Bank of Kenya

    After one year of announcing that it has signed a binding agreement to acquire the National Bank of Kenya (NBK) from the KCB Group Plc, Access Bank has received formal approval from the Central Bank of Kenya (CBK) and the National Treasury to complete the …

    Source: Technext - Neutral
  • Published on Apr 14, 2025

    Access Bank Secures Nod to Acquire Bank Of Kenya

    Access Bank PLC, a subsidiary of Nigeria’s Access Holdings PLC, has received the green light from both the Central Bank of Kenya (CBK) and Kenya’s National Treasury and Economic Planning to acquire full ownership of the National Bank of Kenya (NBK). In a …

    Source: News Central TV - Indeterminate
  • Published on Apr 14, 2025

    Access Bank gets final approval for Kenya’s National Bank takeover

    The Central Bank of Kenya and the National Treasury have given the green light for Nigerian lender Access Bank PLC to acquire the struggling National Bank of Kenya, marking a key step forward in the nearly year-long acquisition process. The approval, …

    Source: Punch - Indeterminate
  • Published on Apr 14, 2025

    Access Bank secures final approvals to acquire National Bank of Kenya  

    Access Bank PLC, a subsidiary of Nigeria’s Access Holdings PLC, has secured approvals from the Central Bank of Kenya (CBK) and Kenya’s National Treasury and Economic Planning for the acquisition of 100% shareholding of the National Bank of Kenya (NBK). …

    Source: Nairametrics - Neutral
  • Published on Apr 14, 2025

    Access Bank gets approval to acquire National Bank of Kenya

    Access Bank has received final regulatory approvals to acquire 100 percent of National Bank of Kenya Limited (NBK) from KCB Group Plc. The Central Bank of Kenya (CBK) made the announcement in a statement posted on its X page on Monday. The development …

    Source: The Cable - Neutral
  • Published on Apr 14, 2025

    Access Bank Completes 100% Takeover of National Bank of Kenya

    Access Bank has officially taken over the National Bank of Kenya (NBK), pulling off a huge acquisition that shows its aggressive push deeper into East Africa.  The approvals came in quick succession. First, the Central Bank of Kenya (CBK) signed off on the …

    Source: TechEconomy - Neutral
  • Published on Apr 14, 2025

    "It's a deal": Treasury approves sale of National Bank of Kenya to Nigerian lend...

    The Central Bank of Kenya has approved the full acquisition of the National Bank of Kenya (NBK) by Nigeria’s Access Bank The approval of the sale of NBK to the Nigerian lender has also been given a green light by National Treasury Cabinet Secretary John …

    Source: TUKO - Neutral
  • Published on Apr 14, 2025

    List of East African countries with highest projected economic growth in 2025

    AfDB projects Africa’s real GDP growth to rise to 4.1% in 2025 and 4.4% in 2026, signaling gradual recovery despite vulnerability to global shocks East Africa is expected to outperform other regions with a projected growth rate of 5.3% in 2025, led by …

    Source: TUKO - Neutral
  • Published on Apr 14, 2025

    Access Bank Gets Final Approvals To Acquire Bank Of Kenya

    Posted by African Examiner Featured, Latest Headlines, News Across Nigeria Monday, April 14th, 2025 (AFRICAN EXAMINER) – A subsidiary of Nigeria’s Access Holdings PLC, Access Bank PLC, has secured approvals from the Central Bank of Kenya (CBK) and Kenya’s …

    Source: African Examiner - Neutral

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