Central Bank of Kenya

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3d
AllAfrica.com
NSE Investors Lose Sh11 Billion as Political Uncertainty Mountsto Sh29.12 million from Tuesday's Sh20.91 million - meaning there was little mo
AllAfrica.com / Posted 3 days ago
to Sh29.12 million from Tuesday's Sh20.91 million - meaning there was little movement on share prices. This came as the Central Bank of Kenya (CBK) reportedly sold dollars to buttress the shilling, which equally took a hit from the political... Read more
3d
AllAfrica.com
Central Bank Rules Out Dent on Economy Due to Fresh PollCentral Bank of Kenya (CBK) governor has again downplayed the potential negativ
AllAfrica.com / Posted 3 days ago
Central Bank of Kenya (CBK) governor has again downplayed the potential negative impact on the economy from the repeat president election, which has heightened uncertainty in the market. Patrick Njoroge said in an interview with Bloomberg TV in... Read more
5d
AllAfrica.com
Digital Transformation Is Here for the Financial Services Industryindustry as an ecosystem. Regulators have become increasingly cognisant of thi
AllAfrica.com / Posted 5 days ago
industry as an ecosystem. Regulators have become increasingly cognisant of this fact and this was evident when the Central Bank of Kenya issued a guidance note in August 2017 requiring banks to put in place measures to mitigate against... Read more
6d
AllAfrica.com
Economy Hurts as Political Stalemate Holdswhose negativity is already showing in the macro and micro sides of the region'
AllAfrica.com / Posted 6 days ago
whose negativity is already showing in the macro and micro sides of the region's largest economy. The data from the Central Bank of Kenya's Credit Survey released last month paints a gloomy picture as commercial banks lament how raised... Read more
6d
AllAfrica.com
Deal on Chase Bank Runs Into Shareholder WallThree days before the Central Bank of Kenya made public its receipt of a non-bi
AllAfrica.com / Posted 6 days ago
Three days before the Central Bank of Kenya made public its receipt of a non-binding offer from Mauritian lender SBM for Chase Bank, governor Patrick Njoroge sought to get the buy-in of stakeholders of the troubled financier. After presenting... Read more
6d
AllAfrica.com
SA Hotel Chain's Sh384 Million Locked in Chase Bankon April 7, 2016 and re-opened on April 27, 2016 under the management of the Ke
AllAfrica.com / Posted 6 days ago
on April 7, 2016 and re-opened on April 27, 2016 under the management of the Kenya Deposit Insurance Corporation. The Central Bank of Kenya (CBK) recently announced that Mauritius' SBM Holdings has made an offer to acquire the lender, raising... Read more
10d
AllAfrica.com
Remittances Grow 9.26% to Sh17 Billion in Augustwith money sent home growing 9.26 per cent in August this year compared with a
AllAfrica.com / Posted 10 days ago
with money sent home growing 9.26 per cent in August this year compared with a month earlier. Monthly data released by the Central Bank of Kenya (CBK) shows that diaspora remittances reached $166.4 million (about Sh17.18 billion) in August compared... Read more
12d
AllAfrica.com
Job Losses Loom in Chase Bank TakeoverSBM Holdings of Mauritius' looming takeover of Chase Bank is coming with possib
AllAfrica.com / Posted 12 days ago
SBM Holdings of Mauritius' looming takeover of Chase Bank is coming with possible loss of scores of jobs, according to a Central Bank of Kenya (CBK) statement issued Monday. The proposed transaction will lead to "a transfer of a substantial number... Read more
12d
AllAfrica.com
Based Sbm Holdings Makes Offer for Chase Bankfinancial Institution SBM Holdings Limited has made an offer for Chase Bank Ken
AllAfrica.com / Posted 12 days ago
financial Institution SBM Holdings Limited has made an offer for Chase Bank Kenya subject to regulatory approvals. The Central Bank of Kenya (CBK) says it has received a non-binding offer from SBM Holdings Limited which is a viable proposal for... Read more
13d
AllAfrica.com
Governors Plan Legal Action Over Delayed County Cashthat the counties have regularly received their cash depending on the balance o
AllAfrica.com / Posted 13 days ago
that the counties have regularly received their cash depending on the balance of their money held in the account at the Central Bank of Kenya (CBK). "Any county that has a balance lower than Sh300 million at the CBK has been receiving its share... Read more
16d
AllAfrica.com
No Respite in Sight for Chase Bank Customersa longer wait to know the fate of their funds after a depositor applied for an
AllAfrica.com / Posted 16 days ago
a longer wait to know the fate of their funds after a depositor applied for an extension of the lender's receivership. The Central Bank of Kenya (CBK) says the lender's receivership, which was due to come to an end tomorrow (Saturday, October 7),... Read more
16d
AllAfrica.com
Kenyatta, Ruto Woo Gusii Communityme and my deputy Ruto, Dr Matiang'i is the other most powerful person in govern
AllAfrica.com / Posted 16 days ago
me and my deputy Ruto, Dr Matiang'i is the other most powerful person in government," said President Kenyatta. He named Central Bank of Kenya Chairman Mohammed Nyaoga and Kenya Bureau of Standards CEO Charles Ongwae as other members of the... Read more
17d
AllAfrica.com
Safaricom Extends M-Pesa 1tap to Five Countiesand 2,000 merchants taking up the service. Mobile cashless payments have increa
AllAfrica.com / Posted 17 days ago
and 2,000 merchants taking up the service. Mobile cashless payments have increasingly grown popular in Kenya, with Central Bank of Kenya statistics showing that they accounted for 72.8 percent of cashless payments by value and 88 percent by... Read more
2 related articles
17d
AllAfrica.com
Reject the Opposition's False Tribal Narrative, President Kenyatta Urges KenyansFred Matiangi who is also the Cabinet Secretary for Education. The President a
AllAfrica.com / Posted 17 days ago
Fred Matiangi who is also the Cabinet Secretary for Education. The President also pointed out that the chairman of the Central Bank of Kenya is Mohamed Nyaoga who hails from the Abagusii region. Other senior government officials from the... Read more
17d
AllAfrica.com
Central Bank to Review Credit Rating System Over 'Unfair Blacklisting'By Njiraini Muchira, James Anyanzwa The Central Bank of Kenya has started revi
AllAfrica.com / Posted 17 days ago
By Njiraini Muchira, James Anyanzwa The Central Bank of Kenya has started reviewing the credit information sharing (CIS) system following increased complaints that reference bureaus are only concentrating on blacklisting of defaulters. The... Read more
18d
AllAfrica.com
Digital Financial Products Re-Define Service Deliveryof lives through creation of goods and employment. There are about 13 microfin
AllAfrica.com / Posted 18 days ago
of lives through creation of goods and employment. There are about 13 microfinance banks, which are licensed by the Central Bank of Kenya (CBK). Considering the trends of mobile phone penetration in Kenya, the market is expecting more... Read more
19d
CircleID
Why Bitcoin Will Not Solve the Caribbean's Financial Inclusion Woesby the same national regulatory authority that governs the printing of fiat mon
CircleID / Posted 19 days ago
by the same national regulatory authority that governs the printing of fiat money — as is the case with M-PESA and the Central Bank of Kenya. It's an extension of a national currency like Jamaican dollars or Netherland Antilles guilders for use... Read more
23d
AllAfrica.com
Tough Times - Banks Record 10-Year High in Bad Debtenvironment that has engulfed the country, leaving households and businesses un
AllAfrica.com / Posted 23 days ago
environment that has engulfed the country, leaving households and businesses unable to meet their debt obligations. Central Bank of Kenya reported the non-performing loans (NPLs) stood at 10.7 per cent of the industry loan book, which is at... Read more
26d
AllAfrica.com
Now Lenders Grapple With Biometricsat the top of banks' boardroom agenda, especially after the global ransomware a
AllAfrica.com / Posted 26 days ago
at the top of banks' boardroom agenda, especially after the global ransomware attack dubbed WannaCry in May this year. The Central Bank of Kenya has now introduced cyber security guidelines to help banks deal with cyber crime and prepare for... Read more
26d
AllAfrica.com
Imperial Bank Depositors Want CBK Held Liable for CollapseNairobi — Imperial Bank depositors have written to the Central Bank of Kenya wi
AllAfrica.com / Posted 26 days ago
Nairobi — Imperial Bank depositors have written to the Central Bank of Kenya with a list of demands they want to be met in a bid to recover money lost after the bank's 2015 closure by the CBK. MMC Africa Law which is instituting a class action on... Read more
30d
AllAfrica.com
Lenders Face Fresh Pressure Over Creditprivate sector fell to 2.1 per cent over the 12 months to May 2017, blamed on t
AllAfrica.com / Posted 30 days ago
private sector fell to 2.1 per cent over the 12 months to May 2017, blamed on the rate caps and pre-election jitters. The Central Bank of Kenya is also in the process of reviewing the interest rate cap. But CBK Governor Patrick Njoroge has warned... Read more
1m
AllAfrica.com
CBK Vague on Roll Out of the New CurrencyThe Central Bank of Kenya (CBK) remains unclear on when it will roll out the ne
AllAfrica.com / Posted a month ago
The Central Bank of Kenya (CBK) remains unclear on when it will roll out the new-look currency as stipulated in law amid mounting legal concerns on the delay. CBK governor Patrick Njoroge on Tuesday did not explain the delay nor provide time-lines... Read more

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