One Industry. Transforming Kenya

Faulu Microfinance Bank Joins Kenya Bankers Association Membership

Nairobi, 8th April 2015 - Kenya Bankers Association (KBA), the banking industry's umbrella body and financial sector's leading advocacy group representing total assets in excess of Ksh3.3 trillion (USD 36.2 million), has announced that Faulu Micro finance Bank has joined its membership base.
Read More

Banking Industry Adopts Sustainable Finance Guiding Principles and Industrywide Standards to Promote Inclusive Growth Agenda

Nairobi, 31 March 2015 - The Kenya banking industry has adopted the Sustainable Finance Initiative (SFI) Guiding Principles that will guide in balancing their business goals with the economy's development priorities and socio-environmental concerns.
Read More

KBA Members Bid Farewell to CBK Governor

Market Stability and Banking Industry Development Celebrated as KBA Members Bid Farewell to Central Bank of Kenya Governor, Prof. Njuguna Ndung'u
Nairobi, 17 February 2015 - The outgoing Central Bank of Kenya Governor, Prof. Njuguna Ndung'u was recently celebrated for leading a progressive institution that has seen the regulator and the regulated collaborate on initiatives geared towards industry development and promoting financial inclusion.
Read More

Kenya Bankers Association Launches Index to Monitor Trends In Residential Real Estate Prices

Nairobi, 11 February 2015 - The Kenyan real estate sector has witnessed significant growth over the years, which is largely attributed to a stable macroeconomic environment and improved infrastructure. The recent increase in economic activities and the rising income levels...
Read More

FATCA Update

The commencement date for FATCA framework took effect from 1st July 2014. We are glad to note that all member banks are now registered as participating FFI. While registration is an important aspect of the process, complying with the provisions of the framework is critical. This involves establishing internal compliance process to comply with the provisions of the Act particularly on the aspect of on boarding of new customers and monitoring existing customers. Compliance requirement on FATCA withholding on fixed determinable annual periodical income (FDAP) for all new accounts commenced on 1st July 2014.
Read More
Need Help ? Contact Us