12-year Infrastructure Bond Sale Auction Set for Wednesday
Market News
The sale of February’s 12-year amortized Infrastructure Bond (IFB 1/2017/12) worth Ksh30 billion closed on Monday. The funds are geared towards
By David Indeje
·Tag: Central Bank of Kenya (CBK)
Kenya’s Economic Growth to Drop Slightly In 2017 – CBK
Market News
Kenya’s economy is expected to grow by 5.7 percent in 2017 from about 5.9 percent in 2016, Dr. Patrick Njoroge,
By David Indeje
·Rates Capping Poses Risk to Kenya’s Financial Stability -IMF
Market News
Sustained capping of commercial banks’ lending rates at 4 percentage points above the Central Bank of Kenya benchmark rate ‘if
By David Indeje
·CBK Cancels Ksh30 Billion Bond Meant for Budgetary Support
Market News
The Central Bank of Kenya (CBK) has cancelled the auction of its newly re-opened, 15-year Treasury 30 billion shillings meant
By David Indeje
·CBK To Hold Next MPC Meeting on January 30
Market News
The Central Bank of Kenya has said it will hold its next Monetary Policy Committee meeting on Jan. 30to set
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Chase Bank Kenya To Be Out of Receivership in Q1 2017 – CBK
Banks
Chase Bank Kenya might be out of receivership during the first quarter of 2017 according to the Central Bank of
By David Indeje
·President Uhuru Kenyatta Appoints Five New CBK Board Members
Market News
President Uhuru Kenyatta has appointed five members that will fill the positions of the Central Bank of Kenya (CBK) board
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Central Bank of Kenya Retains Lending Rate at 10pc
Market News
Central Bank of Kenya(CBK) Monetary Policy Committee retained its benchmark lending rate at 10.0 percent on Monday projecting inflation to remain
By David Indeje
·Fidelity Bank acquired by SBM Holdings of Mauritius
Market News
Mauritian bank group SBM Holdings will acquire full ownership of Kenya’s Fidelity Bank in a deal valued at over KSH100
By David Indeje
·Kenya’s Import cover decline worrying – Cytonn Investment
Market News
Kenya’s import cover has declined signalling a worrying trend for the Kenyan Shilling says currently below the 1-year average of
By David Indeje
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