Kenya ends ten-year freeze on licensing of new banks

 The Central Bank of Kenya (CBK) has announced that it has lifted a ten-year freeze on licensing of new banks. The CBK announced that the moratorium that started on November 17, 2015 shall officially end on July 1, 2025. “The moratorium was imposed against a backdrop of governance, risk management, and operational challenges in the
Kenya ends ten-year freeze on licensing of new banks first appeared on Bizna Kenya Read More