Kenya’s Treasury has introduced the Virtual Asset Service Providers Bill, 2025, which seems to regulate cryptocurrency…
Tag: CBK
Kenya’s Largest Bank Group, KCB Complies to CBK to Cut Lending Rates
Kenya’s largest lender with $10.8 billion in assets, KCB Bank Group, has complied to CBK directive…
CBK Issues New Directives to 24 Banks
The Central Bank of Kenya (CBK) has issued a new directive 24 banks, ordering them to…
Banks That Can’t Cut Lending Costs to Face Penalty by CBK
The Central Bank of Kenya (CBK) has taken route to implement aggressive measures that would see…
Treasury & CBK Disagree Over New Bond Trading Platform EABX
Kenya’s Treasury and the Central Bank of Kenya (CBK) disagree over the newly established bond trading…
CBK Reopens 2 Infrastructure Bonds to Raise Ksh.7O Billion
The Central Bank of Kenya (CBK) seeks to raise Ksh70 billion to fund infrastructure projects in…
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…