One Industry. Transforming Kenya

Kenya Green Bond Programme Kicks-off with Strong Backing from Banking Industry and Development Finance Community

Nairobi, Friday 31st March 2017 - The Kenya Bankers Association (KBA), Nairobi Securities Exchange (NSE), Climate Bonds Initiative (CBI) and Financial Sector Deepening Africa (FSD Africa) in conjunction with the FMO - Dutch Development Bank and the International Finance Corporation (IFC) have today launched Kenya's Green Bond programme.
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FMO To Promote Green Finance Innovation In Kenya

Nairobi, Tuesday, March 28, 2017 - Banks, under the umbrella body of the Kenya Bankers Association (KBA), have signed a Memorandum of Understanding (MOU) with the FMO to drive green financial development in Kenya and contribute towards a more sustainable future in the country. Specifically, FMO will support KBA develop the framework to create the industry's first pooled green bond facility. The facility that would allow KBA member banks, especially Tier 2 and Tier 3 banks, and corporates to take advantage of wholesale debt capital markets.
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Decline In Credit Growth Persists As Banks Raise Caution Over Banking Amendment Act

Nairobi, March 22nd 2017 - Kenya Bankers Association, the banking industry umbrella body, has raised concerns regarding the impact of the Banking Amendment Act 2016 following findings of a nationwide Nielsen consumer study and bank survey undertaken by the Association.
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International Finance Corporation Signs on to Support Kenya Green Bonds Program

Nairobi, Friday, March 14, 2017 - Banks, under the umbrella body of the Kenya Bankers Association (KBA), have signed a Memorandum of Understanding (MOU) with the International Finance Corporation (IFC), and Nairobi Securities Exchange (NSE) with the purpose of spurring the development of the banking industry's green bonds program through individual bank issuances.
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KBA Awards KCDF Ksh4 Million Grant to Empower Youth in Kenya

Nairobi, Monday, March 13 2017, Kenya Bankers Association (KBA) - the umbrella body of the banking industry - signed a partnership agreement with the Kenya Community Development Foundation (KCDF), promoting Mkenya Daima principles of peaceful co-existence and peace for economic growth and prosperity. KBA has granted Ksh.4 Million to support KCDF undertake programmes that engage youth groups living within Nairobi and Mombasa, areas that are often disrupted by polarised politicking.
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Softening House Prices on the Back of New Pricing Law

Nairobi, February 1st 2017, The average house prices in Kenya increased by 1.58 per cent in quarter four 2016, compared to 2.2 per cent rise recorded in the previous quarter, according to the Kenya Bankers Association - Housing Price Index (KBA-HPI). The up surge revealed the sustenance of the mild price increase, albeit at a slower rate than the previous quarter.
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Banking Industry Unveils Partnership With NTV Kenya to Change the Lives of its Customers

Nairobi, Thursday, December 8, 2016 Kenya Bankers Association (KBA) - the umbrella body of the banking industry - has today unveiled a partnership with Nation Media Group's NTV Kenya that will see the television station air an informative program whose goal will be to both promote financial literacy and showcase how banks are positively transforming their customers' lives.
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Kenya Bankers Association (Kba) Statement On Rumours Circulating About Some Of Its Member Banks

Monday, November 21, 2016, In light of the rumours circulating through the social media about the stability and liquidity of various Kenya Bankers Association (KBA) member banks, KBA advises the banking public not to engage on rumours or speculation which are unfounded.
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Consistent Upward Momentum in House Prices in Third Quarter of 2016

Nairobi, Tuesday, November 8, 2016 - The average house prices in Kenya recorded a 2.2 per cent growth during the third quarter of 2016, signifying sustenance of the upward trajectory. According to the Kenya Bankers Association - Housing Price Index (KBA-HPI), the quarter three house prices change represent a faster movement compared to the previous five quarters where they were consistently below 2 per cent and therefore portraying broad market stability in the housing sector.
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Financial Sector Players awarded for enhancing Sustainable Initiatives in Finance

Banking Industry recognises Catalytic Finance that Impacts Industry, Economy and Society
Nairobi, October 5th, 2016... Kenya Bankers Association (KBA), the umbrella body of the banking industry, today held its inaugural Sustainable Finance Catalyst Awards, for banks and other financial sector players that have demonstrated leadership and innovation in balancing the quest for financial returns with the diverse priorities within the sustainable economic, social and environmental context.
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Banking Industry Commitment to Pass on Benefits to Existing Customers

Nairobi, 31 August 2016: Over the past weeks, amendments to the Banking Act have been widely debated by politicians, banking experts, the public, consumer groups and in the media. The voice of Kenyans has come out strongly that banks need to better serve their customers and pass on the benefit of enhanced efficiencies to borrowers and depositors. We appreciate this sentiment and are committed to win back the trust of the banking public by meeting their expectations.
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Statement by Kenya Bankers Association at the Press Briefing

Nairobi 25, August 2016: The banking industry, through the Kenya Bankers Association (KBA), welcomes the spirit of yesterday's decision by His Excellency President Uhuru Kenyatta to assent to the Banking (Amendment) Bill 2015. We believe that the essence of the decision is aligned to the Kenya banking sector's continued commitment to address the fundamental issues that drive up the cost of credit.
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Statement by Kenya Bankers Association on the Banking (Amendment) Act 2015

Nairobi, 24 August 2016: The Kenya Bankers Association (KBA) is committed to bringing down loan interest rates, promoting a savings culture and enhancing consumer protection, so we welcome the spirit of today's decision by His Excellency President Uhuru Kenyatta.
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KBA Statement Issued on 16 August 2016 Regarding Speculation on the Position of the Banking (Amendment) Bill 2015

There are statements being circulated on social media that indicate that His Excellency President Uhuru Kenyatta has taken a position on the Banking (Amendment) Bill 2015. These views are not official and remain unconfirmed. As we await the decision on the matter, the banking industry, through the Kenya Bankers Association, welcomes the opportunity to reengage with the Parliamentary Committee on Finance, Planning and Trade, towards responding to the concerns of the public whilst addressing the issue of interest rates in a sustainable way.
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