Central Bank of Kenya

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 legislation allows the regulator…

5 days ago

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 despite agriculture’s major contribution…

2 months ago

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 switch bond sales, even…

3 months ago

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 as the Central Bank…

3 months ago

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 corporate restructuring that includes…

3 months ago

Treasury Turns to Local Borrowing as External Financing Delays Persist

Kenya’s Treasury has again shifted its financing strategy toward the domestic market, reducing its reliance on external borrowing while significantly…

3 months ago

CBK Raises Sh50.19 Billion as Strong Demand Drives Bond Sale Above Target

The Central Bank of Kenya (CBK) raised KSh50.19 billion in its April reopening of two fixed-coupon Treasury bonds, exceeding its…

3 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…

5 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…

6 months ago

World Bank Withholds KSh96.9 Billion Loan, Demands Sweeping Reforms from Kenya

The World Bank has withheld a KSh96.9 billion ($750 million) budget support loan to Kenya, pending the enactment of key…

8 months ago