CBK

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19h
AllAfrica.com
Omtatah in Court Over De La Rue New Banknote Offer By CBKby the Central Bank of Kenya to De La Rue International Limited," said Mr Omtat
AllAfrica.com / Posted 19 hours ago
by the Central Bank of Kenya to De La Rue International Limited," said Mr Omtatah in a sworn statement. Mr Omtatah said CBK has unlawfully but deliberately awarded De La Rue a preferential margin of 15 per cent to undercut the competition. He... Read more
8d
AllAfrica.com
Tough Stance on Cryptocurrency Despite Fast Rising Popularitythose risks can come back to haunt us and could have financial stability concer
AllAfrica.com / Posted 8 days ago
those risks can come back to haunt us and could have financial stability concerns," Dr Njoroge said. In December 2015, the CBK issued a notice linking the virtual currencies to terrorism and money laundering due to the untraceable nature of their... Read more
10d
AllAfrica.com
Effects of Prolonged Electioneering Period Hit Kenyaand service providers. "How we are still growing at a respectable rate even as
AllAfrica.com / Posted 10 days ago
and service providers. "How we are still growing at a respectable rate even as we have headwinds coming our way is because of medium and small enterprises which seem to be the ones that have been quite dynamic," said CBK governor Patrick N... Read more
16d
AllAfrica.com
Citibank Posts 23% Profit Jump on Growth in Commissions, Feesin pricing loans. "The worst thing that can happen is when the interest rate c
AllAfrica.com / Posted 16 days ago
in pricing loans. "The worst thing that can happen is when the interest rate caps are removed and banks continue to behave the same way they used to behave in the past. That would be traumatic," CBK governor Patrick Njoroge said... Read more
3 related articles
16d
AllAfrica.com
Jobs, Housing and Manufacturing Top President Kenyatta's Second Term Agenda12.9 percent between 2006 and 2015. Kenya had 7,275 mortgage accounts in 2006,
AllAfrica.com / Posted 16 days ago
12.9 percent between 2006 and 2015. Kenya had 7,275 mortgage accounts in 2006, which steadily grew to 24,458 in 2015. The CBK says the lenders reacted to the rate capping law by tightening the credit standards for such loans, while also shunning... Read more
16d
AllAfrica.com
Banks' Cash Reserves at CBK Hit 11 Month Highto maintain an average of 5.25 per cent of their total deposits daily in their
AllAfrica.com / Posted 16 days ago
to maintain an average of 5.25 per cent of their total deposits daily in their accounts at the Central Bank of Kenya (CBK) for a month that ends on 14th. The cash is technically referred to as Cash Reserve Ratio (CRR). Last week, they... Read more
17d
The Courier Express Newspapers
Christopher & Banks reports 3Q lossPLYMOUTH, Minn. (AP) — Christopher & Banks Corp. (CBK) on Tuesday reported a fi
The Courier Express Newspapers / Posted 17 days ago
PLYMOUTH, Minn. (AP) — Christopher & Banks Corp. (CBK) on Tuesday reported a fiscal third-quarter loss of $1.6 million, after reporting a profit in the same period a year earlier. The Plymouth, Minnesota-based company said it had a loss of 5 cents... Read more
17d
AllAfrica.com
Shilling Steady Ahead of Kenyatta Swearingand sometime sell dollars to commercial banks in a bid to cushion the shilling
AllAfrica.com / Posted 17 days ago
and sometime sell dollars to commercial banks in a bid to cushion the shilling from volatility. The Central Bank of Kenya (CBK) mopped up Sh15 billion from the money market yesterday to correct what it termed as skewed liquidity. Kenyan markets... Read more
20d
AllAfrica.com
Small Businesses Keep Kenya's Economy Afloatof drought and prolonged political uncertainty, the central bank said Friday.
AllAfrica.com / Posted 20 days ago
of drought and prolonged political uncertainty, the central bank said Friday. The economy, said Central Bank of Kenya (CBK) governor Patrick Njoroge, showed "extraordinary resilience" supported by micro, small and medium enterprises... Read more
21d
AllAfrica.com
CBK Retains Base Rate at 10%, Inflation Expected to DeclineNairobi — The Central Bank of Kenya (CBK) on Thursday retained the base lending
AllAfrica.com / Posted 21 days ago
Nairobi — The Central Bank of Kenya (CBK) on Thursday retained the base lending rate at 10 percent providing relief for millions of borrowers. The Monetary Policy Committee (MPC) says inflationary pressures in the economy were muted, and inflation... Read more
23d
AllAfrica.com
Mutula Kilonzo - Sh50 Million KCB Robbery is a 'Scam'robbers dug a tunnel into the bank and stole Sh50 million. He also demanded an
AllAfrica.com / Posted 23 days ago
robbers dug a tunnel into the bank and stole Sh50 million. He also demanded an explanation from the Central Bank of Kenya (CBK) on how a "small branch" ended up with such an amount of money. KCB robbery is a scam. They want us to believe that... Read more
2 related articles
23d
AllAfrica.com
Court Declines to Suspend CBK Tender for New Currency Notesfirm had sought to stop the ongoing tender, to be on November 30. The judge is
AllAfrica.com / Posted 23 days ago
firm had sought to stop the ongoing tender, to be on November 30. The judge issued the directions on Tuesday after CBK accused the firm of illegally acquiring tender documents for a process it had not participated in. Through lawyer... Read more
24d
AllAfrica.com
Relief for Depositors as Govt Set to Review Closing of Distressed Banksstem any further run, which may adversely affect the assets of the bank and ind
AllAfrica.com / Posted 24 days ago
stem any further run, which may adversely affect the assets of the bank and industry in general," he said. "However KDIC, CBK and the National Treasury will be working jointly towards ensuring bank failures are minimised." The new measures come... Read more
29d
AllAfrica.com
CBK Fails to Meet Deadline On New-Look Currency, KoT is Worriedanswers on why the new-look currency that bear no president's portrait has not
AllAfrica.com / Posted 29 days ago
answers on why the new-look currency that bear no president's portrait has not been rolled out yet. Central Bank of Kenya (CBK) Governor Patrick Njoroge had in 2016 told the Senate that he saw September 2017 as the preferred time to roll out the... Read more
30d
AllAfrica.com
CBK Hesitant to Regulate Digital Currencies - Dr. Njorogecryptocurrencies, but we're very open to innovation," said Njoroge in a session
AllAfrica.com / Posted 30 days ago
cryptocurrencies, but we're very open to innovation," said Njoroge in a session on Financial Reforms in Emerging Markets. CBK's cautious approach is shared with the U.S. Secretary of the Treasury Steven Mnuchin who has said the US government is... Read more
30d
Arkansas Democrat-Gazette
Witness: Shooters 2 men in his gangand others holding guns, posing with them and pointing them at the camera. Writ
Arkansas Democrat-Gazette / Posted 30 days ago
and others holding guns, posing with them and pointing them at the camera. Written on one of the pictures were the letters CBK, which Chirinos said stood for Clout Boy Killer. Porras led the four on a search for Lopez on Jan. 14 that took them to... Read more
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