The Central Bank of Kenya (CBK) seeks to raise Ksh70 billion to fund infrastructure projects in…
Tag: CBK
Banks Committed To Reduced Lending Rates To Spur Economic Growth
The Kenya Bankers Association (KBA) recognizes the challenges individuals and businesses are currently going through, arising…
CS Treasury John Mbadi Encourages Banks to Lower Lending Rates
Cabinet Secretary for Treasury John Mbadi has been impressed by milestones made on Kenya’s financial landscape,…
CBK Deputy Governor Nominee Arita Approved by National Assembly
NAIROBI, Kenya, Nov 28 – Gerald Nyaoma Arita is set to become the Second Deputy Governor…
CBK Issues Guideline to Protect Banks Against Panic Withdrawals
The Central Bank of Kenya (CBK) has provided fresh guidelines, urging commercial banks across the country…
Kenya’s Diaspora Remittances Skyrockets to Record Sh56.2 Billion in October
Kenyan diaspora remittances has hit a new monthly record of $437.2 million, equivalent to Ksh.56.2 billion,…
CBK Mounts Pressure on Commercial Banks to Reduce Lending Rates
The Central Bank of Kenya (CBK) is mounting more pressure on commercial banks to reduce borrowing…
Gerald Nyaoma Appointed as Second Deputy Governor of the Central Bank of Kenya
Central Bank of Kenya (CBK) has faced several changes following President William Ruto’s recent nominations. Gerald…
IMF Cautions Kenya Over $1.5 Billion Loan Deal with UAE
The International Monetary Fund (IMF) has raised concerns over Kenya’s recent $1.5 billion loan deal with…
William Ruto Appoints Kamau Thugge as CBK Governor
President William Ruto has selected Kamau Thugge, former Treasury Principal Secretary, as the new Governor of…