Tagged: Licensing of new banks put on hold in Kenya

April 18, 2017

Banks increase directors’ pay despite tough times

Nairobi Securities Exchange-listed banks increased their directors’ pay by 3.6 percent last year despite the fall in industry earnings, reversing the previous year’s effort to keep board spending in check. The total remuneration of...

General

November 18, 2015

The collapse of Dubai Bank could be the reason CBK stopped licensing new Commercial Banks

The Central Bank of Kenya, in a statement to the press, put on hold licensing of new commercial banks until further notice. “The Central Bank of Kenya has, with immediate effect, placed a moratorium...