Business 4 Oct 2026
CBK sets KSh 500,000 annual fee for licensed non-bank lenders, requires approval for rate changes, report says
Business Daily reports that the Central Bank of Kenya's new rules for non-deposit-taking lenders set an annual fee of KSh 500,000 for licensed firms, up from KSh 20,000 under the earlier digital-lending rules, and require prior CBK approval for new products and interest-rate changes.