The Central Bank of Kenya (CBK) has released its latest data on commercial banks’ lending rates, highlighting where Kenyans can access the cheapest loans. In the report published in March 2026, the Central Bank ranked 38 banks based on their average lending rates, using the March 2026 figures. The data shows a wide variation in
A new report from the Kenya Bankers Association shows that a majority of customers are increasingly shifting towards digital platforms, with mobile and internet banking emerging as the most preferred channels for transactions. Speaking during the launch of the 2025 Banking Customer Satisfaction Survey Report at Fairmont The Norfolk Hotel. David K. Kemei revealed that
M-PESA, Safaricom’s flagship mobile money platform, is now processing approximately Ksh 100 billion every single day. The platform is also handling more than 500 million transactions daily, powered by an upgraded system capable of processing up to 10,000 transactions per second. Safaricom CEO Peter Ndegwa disclosed during the Connected Africa Summit held in Nairobi, where
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