CBK Cracks Down on Insider Lending, Fines 11 Banks
[Business Today - Kenya] - 13/08/2025
The Central Bank of Kenya has cracked down on risky lending in the banking sector, imposing fines of over Sh5 million each on 11 commercial banks last year. The move aims to curb insider lending practices similar to those that led to the fall of Imperial Bank. According to the 2024 Bank (…)
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