CBK

CBK Issues New Directives to 24 Banks

The Central Bank of Kenya (CBK) has issued a new directive 24 banks, ordering them to submit capital enhancement plans…

1 year ago

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 banks cutting lending rates…

1 year ago

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 platform, the East African…

1 year ago

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 FY 2024/2025, by reopening…

1 year ago

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…

2 years 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…

2 years 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…

2 years 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…

2 years 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…

2 years 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,…

2 years ago