A Kenyan bank that was placed into receivership by CBK due to financial instability.
Kenya’s central bank seeks powers to take over struggling fintechs
The Central Bank of Kenya (CBK) is seeking powers to take over struggling payment companies under the National Payment System Bill, 2026. The bill allows CBK to intervene when payment service providers fail to meet obligations to customers or threaten financial stability.
The Next Wave: Rethinking what banks are for
The collapse of Credit Suisse highlights the failures of global banking systems. African banking is still influenced by colonial-era models despite advancements in fintech.
