Central Bank of Kenya
The Central Bank of Kenya formulates monetary policy, issues currency, and oversees financial institutions’ stability.
- News
Kenya’s Central Bank Finally Regulates Buy Now Pay Later (BNPL): What It Means for You
Kenya's new law regulates Buy Now Pay Later (BNPL) providers, curbing predatory practices, enhancing consumer protection, and fostering financial inclusion.
- Announcements
I&M Bank Lowers Lending Interest Rates by 0.75% Following CBK Rate Cut
The bank first implemented a 0.25% rate reduction on November 28, 2024, followed by an additional 0.5% reduction effective December…
- News
Kenya’s Lending Landscape in 2024: Why Mobile Loans Are Booming Amid Credit Tightening
Kenya's Q1 2024 lending landscape saw mobile loans surge, while overdrafts and asset finance experienced tightening credit conditions.
- News
Mobile Money in Kenya: 2024 Growth Soars Amid New Interoperability Policies
Kenya’s mobile money subscriptions reached 39.8M, driven by seamless M-Pesa-Airtel transfers, smartphone adoption, and expanded telecom infrastructure.
- News
CBK Approves Launch of TandaPay Mobile Money Wallet
Tanda receives regulatory approval, launches TandaPay – a mobile wallet connecting all Kenyan mobile money networks for seamless payments.
- Best Lists
2024 List of Digital Lenders Approved by Central Bank of Kenya
Here is the full 2024 list of Digital Lenders and Creditors who have been approved by the Central Bank of…
- News
Central Bank Directive Streamlines “Send Money” to All Networks, Ends Unregistered Transfers
CBK Directive for interoperability leads to seamless Send Money Experience across all Networks, ends sending to unregistered accounts.
- Opinion
Kenya needs to Encourage More Mobile Money Alternatives
The article discusses M-Pesa's overwhelming market share in Kenya, urging diversification and growth of alternative mobile money services
- News
Central Bank of Kenya Announces Game-Changing Mobile Money Revisions
Central Bank of Kenya (CBK) increases mobile money transaction limits and wallet sizes to boost digital payments and financial inclusion.
- News
Airtel Money Revises Transaction Limits from KES 150,000 to KES 250,000
Airtel Money Kenya raises per transaction limits to KES 250,000 from KES 150,000 promoting convenience for users.
- News
Airtel Money Daily Limit Increased to KES 500,000
Airtel Money raises daily limit to KES 500,000 after CBK approval, following Safaricom's M-Pesa similar move.
- Announcements
M-PESA Daily Limit increased to KES 500,000, Transaction Limits Remain
Safaricom raises M-PESA daily limit to KES 500,000 following Central Bank of Kenya's approval, benefiting businesses.
- News
Kenya launches QR Code Standard; Everything to know!
KE QR Code Standard 2023 facilitates easy, fast, and secure digital payments for businesses and customers via QR technology.
- News
NCBA Bank to Mobile Money Charges Effective January 2023
This article breaks down transaction charges when moving money from your NCBA Bank account to your M-Pesa or Airtel Money…
- News
M-Pesa Paybill Transaction Charges Effective January 2023
The maximum M-Pesa Paybill numbers will attract for transactions will now be KES 65 instead of KES 113. The minimum…