The banking sector continues to demonstrate robust earnings growth, even in a declining interest-rate environment. Listed lenders are capitalizing on cost-cutting measures to enhance profitability.In the first half of 2026, Absa Bank Kenya and Family Bank Group reported increased profits, driven by balance-sheet expansion, reduced funding costs, and effective cost
Tag: banking sector Kenya
CBK Holds Interest Rate at 8.75% Amid Stable Inflation
The Central Bank of Kenya (CBK) decided to keep the Central Bank Rate (CBR) steady at 8.75 percent during its Monetary Policy Committee (MPC) meeting on April 8, 2026. This decision reflects the policymakers' careful observation of global trends, particularly the ongoing conflict in the Middle East, which has disrupted