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The CPF is an employment-based savings scheme with the help of employers and employees contributing a mandated amount to the fund for their benefits. It is administered by the Central Provident Fund Board, a statutory board operating under the Ministry of Manpower which is responsible for investing contributions.
Prior to enactment of the Retirement Benefits Act, the retirement benefits sector in Kenya was regulated by fragmented legislation, mostly Trust and Income Tax Laws. Without a specific body or regulations to set industry standards, pension schemes adopted different styles of operation, leading to serious challenges in proper administration of ...
KCB Bank Kenya Limited is a financial services provider headquartered in Nairobi, Kenya. It is licensed as a commercial bank, by the Central Bank of Kenya , the national banking regulator. [3] The bank has also been running Agency banking model .
The Public Service Commission ( PSC) of Kenya is an independent government commission established under Article 233 (1) of the Constitution of Kenya to manage human resources in the Kenya Civil Service and the Local Authorities. [1]
The Central Provident Fund (CPF) is Singapore's national pension fund. It is a defined contribution plan, contributed by employers and employees. With over 3 million members, it ranks among the world’s largest defined contribution (DC) schemes. The CPF Board, a statutory authority established by legislation, runs this national pension fund.
Kenya Mortgage Refinance Company Plc ( KMRC ), is a financial services company in Kenya, that specializes in lending to other financial institutions in the country, for onward lending in form of mortgages. In addition, KMRC buys good mortgages from other lenders to make more money available to banks for onward lending to eligible homeowners.
The Central Bank of Kenya (CBK) (Swahili: Banki Kuu ya Kenya) is the monetary authority of Kenya. Its head office is located in Nairobi . CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB).
Consolidated Bank is a medium-sized financial services provider in Kenya, focusing on meeting the banking needs of small and medium-sized enterprises in the country. As of December 2017, the Bank's total asset valuation stood at about US$133.6 million (KES: 13.5 billion), with Shareholders' Equity valued at about US$10.5 million (KES: 1.06 ...