NCBA Expands Footprint with Tatu City Branch Launch
NCBA opened its Tatu City Branch in November 2024, enhancing its presence in Kiambu County. The Tatu City area has become a hub for industrial growth, attracting manufacturing and logistics firms.
Kenyan Commercial Banks to Monitor Large Transactions Under New Regulations
Kenyan commercial banks are set to begin monitoring substantial cash deposits and transfers exceeding KES 1 million. The use of 'purpose of payment' (PoP) transaction codes is mandated, which could accelerate the adoption of ISO 20022 standards.
