Legislator proposes an amendment to Interest Rate Cap to accommodate SME risk.
The MP proposes the introduction of risk negotiation window of up to 6 per cent above the lending cap for SMEs and unsecured Individual customers.
The MP proposes the introduction of risk negotiation window of up to 6 per cent above the lending cap for SMEs and unsecured Individual customers.
5The digital financial services provider Branch Kenya announced their largest commercial paper issuance to date, raising Ksh500 million. It also plans to set up shop in India in 2019
BlueWave, an Insurtech start-up wants to make insurance accessible to the common man and while at it, grow insurance penetration.
After a turbulent period, bankers’ association chief executive wants to rebuild trusts between banks and their customers.
Banks have been slow to evolve, and that has created an opportunity for fintech start-ups to take up a slice of their market share.
The current housing shortage in the country stands at 2 million units. The proposed housing agenda is set to create 500,000 low-income housing units by 2022, which still leaves a deficit of one and a half million housing units.
The rise of technology has allowed fintech companies to offer alternative to traditional lenders. Now this firm wants to offer credit to everyone regardless of their status Like many others,…
Retirement schemes’ equity allocation increased over the quarter ending 30 June 2017. This was mainly caused by the rally in the stock market over the period. The Zamara Consulting Actuaries…
Diversified investments company, FEP Holdings Ltd has recorded an 87 percent reduction in consolidated loss before tax for the financial year ending December 2016, moving from Ksh866 million in 2015…
Digitization of payments has helped farmers in Kenya boost their income and combat poverty, a new case study by UN based Better Than Cash Alliance has shown. The study which…