An organization representing the interests of commercial banks in Kenya, advocating for favorable banking policies.
Kenya’s Central Bank, the guard dog that won’t bite
The Central Bank of Kenya has cut the central bank rate from 13% to 9.5% since October 2024. Commercial banks have only reduced their lending rates from 17.2% to 15.2%, which is insufficient for small businesses.
Kenya’s Central Bank overhauls loan pricing model with new interbank benchmark
The Central Bank of Kenya has overhauled credit pricing for commercial banks. Starting September 1, new loans will be linked to the KESONIA benchmark.
Safaricom and KBA Unite for Kenya’s Payment System Transformation
Safaricom and the Kenya Bankers Association propose elevating Pesalink to Kenya's primary fast payment system. Pesalink currently processes digital transactions worth $8.5 billion.
Safaricom, Kenyan commercial banks propose Pesalink for national payments overhaul
Safaricom and KBA propose Pesalink as the preferred fast payment system in Kenya. Pesalink currently supports $8.5 billion in Kenya's digital payments.
M-Pesa to integrate with PesaLink, driving growth and financial interoperability in Kenya
M-Pesa integrates with PesaLink for real-time interbank transactions. The partnership aims to improve interoperability within Kenya's financial ecosystem.
