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Kenya to End 9-Year Ban on New Commercial Bank Licenses in July 2025
Tech In Africa - Apr 17, 2025
The Central Bank of Kenya announced the lifting of a nine-year moratorium on new commercial bank licenses, effective July 1, 2025. The moratorium was initially imposed to address systemic issues in the banking sector, including governance and operational inefficiencies.
Central Bank of KenyaVision 2030East African CommunityBottom-Up Economic Transformation AgendaBusiness Laws (Amendment) Act of 2024
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