CBK

CBK Moves to Update Kenya’s Banking Laws For Digital Era

Kenya’s banking laws are set for a major review after the Central Bank of Kenya (CBK) announced plans to amend…

5 months ago

Treasury Cuts CBK Overdraft Ahead of Sh378.6 Billion Debt Bill

The National Treasury has sharply reduced its emergency borrowing from the Central Bank of Kenya (CBK) just weeks before heavy…

5 months ago

Banks Urge CBK to Maintain Interest Rates

Kenyan banks are urging the Central Bank of Kenya (CBK) to keep its main interest rate unchanged as the financial…

5 months ago

CBK Warns of Legal Action Over Defaced Banknotes

Romantic gestures involving flashy cash bouquets could soon attract legal consequences, after the Central Bank of Kenya (CBK) issued a…

6 months ago

Equity to Shift Existing Variable-Rate Loans to Central Bank Rate Model

Equity Bank has announced a major change that will affect customers with existing variable-rate loan facilities, aligning its pricing structure…

6 months ago

Treasury Pulls Back on Central Bank Lifeline as Debt Payments Loom

Kenya’s Treasury has sharply scaled down its use of emergency funding from the Central Bank of Kenya (CBK), a move…

6 months ago

CBK Retires Worn Coins as Part of Ongoing Currency Renewal Drive

The Central Bank of Kenya (CBK) is moving to clean up the physical currency in circulation by retiring large volumes…

7 months ago

Financial Regulators Caution on Technology Risks as Sector Embraces Innovation

Kenya’s financial sector regulators have commended the rapid adoption of technology-driven innovations transforming the financial ecosystem, while urging greater vigilance…

9 months ago

CBK Launches Second Bond Buyback as Treasury Moves to Ease Kenya’s Debt Burden

The Central Bank of Kenya (CBK) has launched a second bond buyback program aimed at reducing pressure from looming domestic…

9 months ago

Kenyans Rush for Government Bonds as Returns Hit Double Digits

More Kenyans are investing in government bonds, attracted by high returns and an easy mobile sign-up process. Since the launch…

10 months ago