Commercial banks have begun revising lending rates and shifting pricing of loans to the new risk-based pricing framework ...
Equity Bank Kenya, Co-operative Bank of Kenya and KCB Bank Kenya have received a credit rating upgrade after improvement in Kenya's creditworthiness, which also influences how private firms are ...
Equity Bank and Family Bank cut interest rates on variable-rate loans following the Central Bank of Kenya's CBR reduction to ...
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
Renamed Sidian by billionaire Kirubi after acquiring a majority stake, its rise has been helped by capital injection from new ...
Traditionally, the conclusion of a Federal Reserve meeting in which interest rate cuts were kept on hold would not be a reason for optimism for borrowers, especially for homebuyers and owners looking ...
WASHINGTON—The Federal Reserve entered a new holding pattern on interest rates Wednesday and signaled little urgency to resume cuts after contentious reductions at officials’ three previous meetings.
It's the first Fed day of 2026, and Chair Jerome Powell is in the hot seat. The central bank announced it would hold its benchmark interest rate steady, as was widely expected. The meeting follows ...
The Federal Reserve held its key interest steady in a range between 3.5% and 3.75% after a recent run of interest rate cuts. "Available indicators suggest that economic activity has been expanding at ...
KCB Bank Kenya Limited has issued a public notice on the implementation of the revised Risk-Based Credit Pricing Model for existing facilities. In a notice on January 28, KCB addressed Kenya ...