CBK

Patrick Njoroge
CBK cuts lending rate to 7pc in bid to cushion economy from virus fallout

By | 6 months ago

The virus has disrupted agriculture and tourism, which are Kenya’s biggest foreign-exchange earners after remittances. ...

Absa Bank Kenya
CBK penalises Absa Bank Kenya over foreign exchange lapses

By | 7 months ago

CBK says that Absa Bank Kenya failed to adhere to financial transaction requirements, including conducting standard checks on anti-money laundering an...

Patrick Njoroge
CBK lowers the lending rate to 7.25 per cent, releases Sh35.2bn to banks

By | 7 months ago

CBK also reduced the cash reserve ratio from 5.25 per cent to 4.25 per cent, which saw the bank release Sh35.2 billion back to banks....

Uhuru and Njoroge
CBK transfers Sh7.4bn nabbed after demonetisation to State account

By | 7 months ago

Demonetisation of the older series Sh1,000 notes was announced on June 1, 2019, aimed at addressing grave concern of illicit financial flows....

new currency
CBK to quarantine money from banks, relaxes grace period for some borrowers

By | 7 months ago

CBK says it will quarantine money out of banks for at least a week, a period Dr Patirck Njoroge says is enough for coronavirus to become inactive....

Patrick Njoroge
CBK lowers loan rate for the first time in 14 months

By | 11 months ago

CBK says move informed by the ongoing tightening of fiscal policy and conclusion that there is need to support economic activity....

Uhuru orders CBK, stakeholders to speed up establishment of a central liquidity facility

By | 1 year ago

Lewis Njoka @LewisNjoka Members of savings and credit co-operatives (Saccos) will soon enjoy cheaper loans after President Uhuru Kenyatta directed Cen...

Central Bank of Kenya Governor Patrick Njoroge announced on Madaraka Day, 2019 that old generation Ksh1, 000 notes will cease to be legal tender on October 1, 2019. [PHOTO | FILE]
Kenyans yet to understand demonetisation

By | 1 year ago

By Lewis Njoka. Kenyans are concerned about how to tell genuine new currency notes from fake ones, Jamii Bora Bank customer service manager Linah Njog...

How CBK tracks movement of cash in Kenya economy

By | 1 year ago

  Gilbert Mutegi Central Bank of Kenya (CBK) is in the process of demonetising 217.6 million pieces of the Sh1,000 old series notes, which its data s...

AMISI: Banknotes change will help tame graft dragon

By | 1 year ago

Caleb Amisi Kenya is faced with unprecedent hard time following the recent demonetarisation of banknotes. This is by far the most unique situation we ...

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