Central Bank of Kenya

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22h
AllAfrica.com
Equitel Loans to Attract New 5% Processing Feein the country shoot to 19.1 per cent. This is a 5.1 percentage points above th
AllAfrica.com / Posted 22 hours ago
in the country shoot to 19.1 per cent. This is a 5.1 percentage points above the statutory rate of 14 per cent set by the Central Bank of Kenya. The Banking (Amendment) Act, 2016, which came into force on September 14, 2016, caps loan charges at... Read more
9d
AllAfrica.com
Kenyans Owe Sh100,000 Each in Public Debtpublic debt that reached Sh4.58 trillion in November. Kenya recorded its highes
AllAfrica.com / Posted 9 days ago
public debt that reached Sh4.58 trillion in November. Kenya recorded its highest public debt in 2017.Latest data by the Central Bank of Kenya record the government's internal debt at Sh2.22 trillion in November last year, while the external debt... Read more
11d
BBC News
Why I bought BitcoinUgandan central banks have issued warnings about getting involved in the new an
BBC News / Posted 11 days ago
Ugandan central banks have issued warnings about getting involved in the new and unregulated market. The Governor of the Central Bank of Kenya went as far as saying digital currencies are a type of Ponzi scheme because of the way their value... Read more
11d
AllAfrica.com
Kenyan Artist Beats CBK in 'Unveiling' New Look Banknotes, People Love Itbanknotes bear close resemblance to international currencies like the Euro and
AllAfrica.com / Posted 11 days ago
banknotes bear close resemblance to international currencies like the Euro and inadvertently piles the pressure on Central Bank of Kenya to come up with superior designs. Dicky's designs went viral on social media, with most users terming... Read more
14d
AllAfrica.com
Central Bank of Kenya Gives Lenders Time to Adopt New Accounting Rulesmall borrowers and households can continue accessing credit. In guidelines re
AllAfrica.com / Posted 14 days ago
small borrowers and households can continue accessing credit. In guidelines released for industry consultations, the Central Bank of Kenya said it would give banks five years in which to factor in additional provisions brought by a new... Read more
16d
AllAfrica.com
EAC Wary of Surrogate Coinsis still underway with consideration of available challenges including the grow
AllAfrica.com / Posted 16 days ago
is still underway with consideration of available challenges including the growth of Bitcoin," Mr Dadi responded. The Central Bank of Kenya, says Mr Dadi, had since warned the people over increasing adoption of the cryptocurrencies including... Read more
29d
AllAfrica.com
EAC to Harmonise Depositor Insurance Schemesfollowed by Tanzania (77), Rwanda (55), South Sudan (26) and Burundi (9), accor
AllAfrica.com / Posted 29 days ago
followed by Tanzania (77), Rwanda (55), South Sudan (26) and Burundi (9), according to the latest data from the Central Bank of Kenya. East African banking regulators are working to improve the operations of their deposit protection... Read more
30d
AllAfrica.com
Heavy Debt Repayments Inject Sh20bn Into Marketinto the money markets to the tune of Sh20 billion ahead of the festive period,
AllAfrica.com / Posted 30 days ago
into the money markets to the tune of Sh20 billion ahead of the festive period, pushing down the interbank rate. Latest Central Bank of Kenya (CBK) data shows that there was a total of Sh75.7 billion injected into the money markets, majorly... Read more
1m
AllAfrica.com
Policy On Interest Rate Caps Coming Soon - Central Bankimposing limits on lending and deposit rates amid fierce opposition from banker
AllAfrica.com / Posted a month ago
imposing limits on lending and deposit rates amid fierce opposition from bankers. A year later (September 2017), however, Central Bank of Kenya (CBK) governor Patrick Njoroge hinted at the possibility of the law being repealed on the grounds it... Read more
m
AllAfrica.com
Card Transactions Down 500,000 in Nine Monthsto September compared to a similar period last year as consumers continue to sh
AllAfrica.com / Posted 1 months ago
to September compared to a similar period last year as consumers continue to show a preference for mobile money. Latest Central Bank of Kenya (CBK) data shows there were 160.7 million card transactions in the period, down from 162.2 million last... Read more
m
AllAfrica.com
Flat Exports As Trade Deficit Hits Sh946bngap between imports and exports, widened by Sh265.36 billion compared to the si
AllAfrica.com / Posted 1 months ago
gap between imports and exports, widened by Sh265.36 billion compared to the similar period last year, fresh data from the Central Bank of Kenya shows, underlining the country's continued reliance on imports amid a near flat growth in... Read more
m
AllAfrica.com
Omtatah in Court Over De La Rue New Banknote Offer By CBKThe High Court has issued temporary orders restraining Central Bank of Kenya fr
AllAfrica.com / Posted 1 months ago
The High Court has issued temporary orders restraining Central Bank of Kenya from signing a contract with De La Rue International Limited for the printing of new currency notes. While certifying the case as urgent, Justice Chacha Mwita directed the... Read more

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