A third of lenders flagged for flouting banking rules

central bank of kenya cbk


Business Daily | by Constant Munda


A third of Kenyan banks breached banking laws and rules last year, the regulator said Wednesday, exposing them to regulatory penalties.

The Central Bank of Kenya (CBK) flagged 13 banks for non-compliance with various rules compared with 12 lenders in 2019 largely due to failure by owners to raise fresh capital in…

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central bank of kenya cbk


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