The Central Bank of Kenya (CBK) announces the acquisition of certain Assets and Liabilities of Spire Bank Limited (Spire) by Equity Bank Kenya Limited (EBKL) effective January 31, 2023. This follows approval by CBK on January 23, and the Cabinet Secretary for the National Treasury and Planning on January 24, 2023, pursuant to Section 9 of the Banking Act. Read the full press release HERE
| Key New CBK Indicative Exchange Rates |
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|---|---|---|
| US DOLLAR | 129.1994 | |
| STG POUND | 167.4489 | |
| EURO | 140.5366 | |
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| Posted On: 05-11-2024 | ||
| Key Rates |
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|---|---|---|---|
| Central Bank Rate | 12.00% | 08/10/2024 | |
| Inter-Bank Rate | 12.06% | 04/11/2024 | |
| CBK Discount Window | 15.00% | 08/10/2024 | |
| 91-Day T-Bill | 13.966% | 04/11/2024 | |
| REPO | 0.00% | 08/05/2024 | |
| Inflation Rate | 2.72% | October,2024 | |
| Lending Rate | 16.91% | September,2024 | |
| Savings Rate | 3.57% | September,2024 | |
| Deposit Rate | 11.24% | September,2024 | |
| KBRR | 8.9% | 27/06/2016 | |