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The latest data shows that non-performing loans rose by Sh25 billion to Sh556.9 billion last year. This is as businesses and individuals struggle to pay up in a difficult economic environment.

Through the SAFER project, individual micro-enterprises will access loans ranging from Ksh 7,000 to Ksh 150,000.

SBM Bank and Kingdom Bank were charging the highest interest rates on personal loans by the end of last year, making them the most expensive banks in Kenya, according to the latest data from the ...

A Money March report released by the digital lending company, Tala, has revealed that most Kenyans are taking loans for business-related reasons. According to a report shared on March,19,2024, most ...

Speaking during a car dealer’s breakfast at Gracehouse Resort, Henry Mbugua, Autochek Kenya‘s country manager emphasized how logbook loans offer a swift and secure pathway to financial empowerment in ...

The loan book grew by 9.3 per cent to Sh45.2 billion up from ... “In the year under review, we embarked on an expansion drive to bring quality products and services to all Kenyans. This saw us launch ...

Equity’s loan book went up by 26 per cent to Sh887.4 billion, while customer deposits rose by 29 per cent to Sh1.36 trillion. Net interest income rose by 21 per cent to Sh104.2 billion, while ...

The Impact for Northern Kenya Fund, financed by USAID Kuza, has been working with enterprises in West Pokot and Turkana since 2022.

NAIROBI, Kenya, Mar 28 – Access Bank has increased the cost of borrowing loans after increasing the interest rate to 20 percent. The lender says that it had to hike the rate in response to the tough ...

Kenya contributed to 63.3% of the nominal year-on-year growth ... Investment securities to total assets stood at 18.3%. Interest on net loans and advances increased by 44.5%y/y bolstered by the value ...

The US government’s lender for development projects is investigating its oversight of a loan it made for schools in Kenya after allegations emerged of sexual abuse.

A Kenyan man, Titus Mugambi, has shared his painful ordeal of losing KSh 92,000 and accumulating over KSh 31,000 in loans following a hack on his Safaricom app.

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