Kenya paid Sh18.9 billion in loan commitment fees over eight years, mirroring the financial burden of non-disbursed committed loans. A commitment fee is a payment that is charged by a lender to a ...

The share of yuan loans in Kenya’s external debt increased after the Treasury converted three standard gauge railway (SGR) facilities from dollars to Chinese currency, reducing the dollar’s weight in ...

Kenya has converted its US dollar-denominated railway loans from China into the Chinese yuan, not only securing debt relief but also fitting into Beijing's long-term goal of internationalising its ...

NAIROBI (Reuters) - Non-performing loans held by Kenyan banks rose 5.6 percent in the three months ended September, a slower increase than in the previous quarter, central bank data showed on Thursday ...

Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to yuan and extend the repayment period, Treasury Secretary John Mbadi said.

Nairobi — A new report has revealed a troubling spike in loan defaults across Kenya, with one in every six adult borrowers having failed to repay their loans in 2024. The findings, published in the ...

NAIROBI, May 15 (Reuters) - Kenya has won a three-month extension on a $600 million syndicated loan, a senior Treasury official said on Thursday, giving it time to continue discussions on its first ...

Households and businesses often turn to bank loans for financial support to meet various needs—whether it’s paying school fees, buying a car, expanding a business, or owning a home. A loan is the sum ...

Despite recent claims of a Chinese state-linked hacking team carrying out systematic cyber-attacks on Kenyan government institutions being denounced by Kenya’s Ministry of Interior as ‘sponsored ...

Kenya plans to refinance several eurobonds falling due over the next nine years to help spread out repayments, according to Treasury Secretary John Mbadi. “The best way to deal with the eurobonds is ...

CBK Kenya Deputy Director & Head of Digital Payment Services at the Juanita Omanga during the Kenya Travel Industry payment summit 2025 at Azure hotel , Nairobi on 27 march 2025 [David Gichuru, ...

Access Bank (Kenya) PLC is a subsidiary of Access Bank PLC, a leading full-service commercial bank with over 600 branches and service outlets across three continents and 21 countries, serving more ...