Kenya’s monetary policymakers are facing little pressure to adjust interest rates. Inflation remains within the target…
Tag: Central Bank of Kenya
IFC Plans KES 19.4 Billion Funding Boost for KCB’s SME Lending
KCB is set to receive fresh funding from the International Finance Corporation (IFC). The proposed KES…
Kenya’s Foreign Exchange Reserves Hit Record High After Safaricom Deal and World Bank Funding
Kenya’s foreign exchange reserves have reached a historic high. The reserves rose by $1.5 billion in…
Court Clears Way for Nairobi County to Resume Financial Operations
The High Court has directed the Central Bank of Kenya (CBK) to restore Nairobi County’s banking…
New Law Gives CBK Powers to Rescue Systemically Important Banks During Financial Crises
Kenya has enacted a new law strengthening the Central Bank of Kenya’s crisis response powers. The…
Farm Credit Gap Leaves Majority of Small holders Outside Formal Lending
A growing financing gap is leaving many of Kenya’s smallholder farmers outside the formal banking system…
Weak Investor Uptake Casts Doubt on CBK’s Switch Bond Strategy
The Central Bank of Kenya is pushing ahead with its plan to refinance maturing debt through…
Fears Rise Over Heavy Government Borrowing Despite CBK Assurances
Fears have emerged over Kenya’s sharply increased domestic borrowing target for the 2025/26 financial year, even…
NSE-Listed Co-operative Bank Plans Name Change in Major Restructuring
Co-operative Bank of Kenya, which is listed on the Nairobi Securities Exchange, is planning a major…