Macro Analysis /
Kenya

Kenya's president signs new law to regulate digital lenders – neutral for banks

  • The law now places the Central Bank of Kenya as the regulatory body and licence issuer for digital lenders in Kenya

  • Punitive directives regarding capital requirements and liquidity for digital lenders now removed

  • Regulation is positive overall for the financial sector, but we expect this new law to be neutral for banks

Kenya's president signs new law to regulate digital lenders – neutral for banks
Faith Mwangi
Faith Mwangi

Equity Research Analyst, Financials (East Africa)

Tellimer Research
7 January 2022
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