Borrowers are set to benefit after NCBA Bank Kenya Plc and KCB Bank Kenya Limited announced reductions in their base lending rates following the Central Bank’s latest policy move. The latest adjustments are expected to make borrowing cheaper for individuals and businesses, especially for those whose loan interest rates change with the Central Bank Rate
KCB Bank has announced changes to how interest on existing loans will be calculated, following the implementation of a revised Risk-Based Credit Pricing Model (RBCPM) in line with directives from the Central Bank of Kenya (CBK). In a notice dated Wednesday, January 28, 2026, the lender said the new pricing framework, which has been in
The Judiciary has responded to recent allegations by Captain (Rtd.) Kung’u Muigai concerning the long-running dispute of Benjoh Amalgamated Ltd & Muiri Coffee Estate Ltd v Kenya Commercial Bank (KCB). Muigai claimed that bribes totaling more than Ksh825 million were given to senior judges to bend the rulings in favour of KCB in the sale