Interbank Rate Slightly Declines Supported By Government Payments
Market News
During the week, liquidity eased in the money market with the average interbank rate declining to 4.1 percent, from 4.2
·
Tag: CBK
No More Being Blacklisted On CRB For Those Owing Less Than Ksh 1,000
Government and Policy
Kenyans will no longer be blacklisted on the Credit Reference Bureau (CRB) in the event they default a loan less
By Juma
·Coronavirus: Banks to Extend Individual Loan Repayment to 1 Year
Government and Policy
The CBK Governor, Patrick Njoroge has instructed all Kenyan banks to extend individual loan repayment periods to up to one
·
CBK Raises Daily Mobile Transaction Limit To Ksh 300,000
Market News
Following a meeting with Payment Service Providers (PSPs), the Central Bank of Kenya (CBK) has announced a set of measures
·
CBK Goes On A 4-Month Shopping Spree For US Dollars
Headlines
The Central Bank of Kenya (CBK) has announced plans to start buying US Dollars from Kenyan commercial banks for a
By Juma
·Here Are The Most Expensive Bank Accounts In Kenya
Headlines
Kenya has a total of 44 banks of which 31 are locally owned and 13 are foreign-owned serving a population
By Juma
·CBK Lowers The Lending Rate To A 9-Year Low Of 8.25%
Headlines
The Central Bank of Kenya’s Monetary Policy Meeting (MPC) has lowered the Central Bank Rate (CBR) to a 9-year low
By Juma
·CBK Allows Access Bank To Take Over 100% Of Transnational Bank
Headlines
The Central Bank of Kenya (CBK) has given a go-ahead to top Nigerian Access Bank to acquire 100 percent of
By Juma
·CBK’s Monetary Policy Committee Reduces Lending Rate To 8.5%
Headlines
The Central Bank of Kenya’s Monetary Policy Committee (MPC) has reduced the Central Bank Rate (CBR) from 9 percent to
By Juma
·Uncollected 7,386,000 Million Pieces Of Old Ksh 1,000 Notes Now Worthless
Government and Policy
The demonetization process of the old 1000 notes was a success as the Central Bank of Kenya has announced. CBK
·