CBK
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News
Treasury CS Nominee Njuguna Ndungu outlines ways to shrink ballooning debt
Njuguna Ndungu, the Treasury Cabinet Secretary Nominee outlined ways through which he will help shrink the ballooning domestic debt.According to…
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Economy
CBK distances itself from Gachagua’s remarks over forex reserve shortage in Kenya
The Central Bank of Kenya (CBK) took issue with remarks made by the Deputy President Rigathi Gachagua over foreign Exchange…
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Markets
CBK pays Ksh.4 billion in dividend to consolidated account at Treasury
The Central Bank of Kenya (CBK) has paid in dividend, Ksh.4 billion to the Government Consolidated Fund (GCF) under the…
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News
What it means for Kenyans as CBK raises benchmark lending rate to 8.25%
The Central Bank of Kenya (CBK) raised the benchmark lending rate by 0.75 basis points to 8.25 Thursday for fear…
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Finance
Ruto meets CBK, Safaricom bosses as he challenges CRBs to review their listing mechanism
President William Ruto met major financial institution bosses in the country Wednesday, at Norfolk Hotel, Nairobi to chat a new…
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Economy
What it means for Kenyan borrower as CBK begin issuing licences to mobile lenders
Beginning September 17, 2022, it will be illegal for mobile lenders, legally identified as Digital Credit Providers (DCP) to make…
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Finance
What interest rate hike in U.S means for Kenya as MPC prepares to meet – CBK Governor Njoroge explains
African countries including Kenya are experiencing serious levels of economic distress to maintain relationship in the financial markets like borrowing…
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Corporate
CBK grants Virtual Pay operation license for financial services in Kenya
Virtual Pay Internaltion has been granted an operation license to offer financial services in Kenya.The license from the Central Bank…
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Corporate
CBK warns financial institutions over growing money fraud within self
Kenyans are at high risk of losing money through banking fraud owing to mobile banking that has grown from a…
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Corporate
CBK okays Egyptian bank Banque Misr S.A.E. to set up branch in Kenya
The Central Bank of Kenya (CBK) okayed Egyptian bank Banque Misr S.A.E. to establish a representative office in Kenya.The bank…
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