Nigeria: CBK Okays 100pc Acquisition of NBK By Nigeria's Access Bank

Nigeria: CBK Okays 100pc Acquisition of NBK By Nigeria's Access Bank

Nairobi -- The Central Bank of Kenya (CBK) has approved the acquisition of National Bank of Kenya Limited (NBK) by Access Bank PLC (Access) after the deal met regulatory requirements.

CBK lifts 9-year ban on licensing new commercial banks

The Central Bank of Kenya (CBK) has lifted an embargo, restricting the licensing of new commercial banks. In a statement on Wednesday, April 16, 2025, the central bank indicated that the lifting of the moratorium will allow new commercial financial institutions to be licensed to operate in the country, ending almost a decade of restrictions. […]

Kenya: Central Bank To Lift 9-Year Ban On Licensing Of New Banks

By Enyichukwu Enemanna The Central Bank of Kenya (CBK) has announced that it will lift the suspension placed on the issuance of new licences to commercial banks in the country. The moratorium, in place since 17 November 2015, will be lifted effective 1 July this year, CBK said in a statement on Wednesday. The suspension was put in place against a backdrop of governance and operational challenges in the banking sector at the time. The action was …

CBK lifts 10-year moratorium on licensing of new commercial banks - The Informer Media Group

The Central Bank of Kenya (CBK) has announced plans to lift a decade-old moratorium on licensing of new commercial banks.

CBK lifts ban on licensing of new commercial banks

The Central Bank of Kenya (CBK) has ended a decade-long moratorium on the licensing of new commercial banks in the country, citing an improved legal and regulatory environment. The regulator said that the moratorium, which started on November 17, 2015, following the collapse of two banks in quick succession, will be lifted with effect from […]

CBK Lifts Ban on Licensing New Banks

The Central Bank of Kenya (CBK) has announced that it will lift the 10-year ban on licensing new commercial banks. In a statement on Wednesday, April 16, the CBK said the lifting of the 10-year ban on licensing new banks will be effective from July 1, 2025. “The Central Bank of Kenya announces that with effect from July 1, 2025, it will lift the moratorium on licensing of new commercial banks,” read the statement in part. Following the lifting o…