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 from the prevailing high…

1 year ago

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, saying it is making…

1 year ago

CBK Deputy Governor Nominee Arita Approved by National Assembly

NAIROBI, Kenya, Nov 28 – Gerald Nyaoma Arita is set to become the Second Deputy Governor of the Central Bank…

1 year ago

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 to increase their liquid…

1 year ago

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, in October 2024. This…

1 year ago

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 rates. As a result,…

1 year ago

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 Nyaoma Arita is one…

1 year ago

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 the United Arab Emirates…

2 years ago

William Ruto Appoints Kamau Thugge as CBK Governor

President William Ruto has selected Kamau Thugge, former Treasury Principal Secretary, as the new Governor of the Central Bank of…

3 years ago

Kenyan Lawmakers Confirm Kamau Thugge as Central Bank Governor

Kenyan lawmakers have confirmed the appointment of Kamau Thugge as the new governor of the central bank, marking a significant…

3 years ago