Digital lending grows as loans nearly double to KSh110 billion
Community Score: 50% | 889 views | 2w
0 community ratings: null thumbs up, null thumbs down
Digital lending is growing rapidly under the Central Bank’s watch. The Central Bank’s 2025 Bank Supervision Annual Report shows that in just one year, the amount owed to digital lenders has nearly doubled to 110 billion shillings, as the number of licensed lenders rose from 85 to 195. CBK says it is strengthening its oversight of loan pricing, lending practices and customer data as the market expands.
More from Citizen TV Kenya
- | DAY BREAK | Finance bill 2026 explained [ part 1] — Score: 50%
- The explainer interview | Day of delayed justice — Score: 50%
- THE EXPLAINER 23RD JUNE, 2026 — Score: 50%
- KNCCI launches youth enterprise program — Score: 50%
- Family Bank debuts on NSE in major market listing — Score: 50%
- Teen girl hospitalized after assault as another family seeks justice in Thika murder — Score: 50%