The Nairobi Business Monthly was the first media outlet to call out commercial banks for failing to lower lending rates…
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As of Thursday, February 15, 2024, Bank of Africa in its ‘daily exchange’ rates, bought US dollar at Sh148.10, and sold the same at Sh152.9. On the same day, the lender bought British Pound Sterling (BPT) at Sh182.81 to sell at Sh195.83.
Real estate developer Superior Homes Kenya has partnered with Absa Bank Kenya to enable home buyers enjoy 90% financing when purchasing a home.
Despite Kenya having more than 380 Digital Credit Providers (DCPs), access to credit has remained a challenge for many small…