Banking Sector, General, Uncategorized
To strengthen its risk based approach in managing money laundering and terrorism financing (ML/TF) risks in the banking sector, the Central Bank of Kenya (CBK) has drafted a Guidance Note on Conducting Money Laundering/ Terrorism Financing Risk Assessment. The...
Banking Sector, General, Monetary Policy, Uncategorized
The Monetary Policy Committee retained the Central Bank Rate (CBR) at 10.0 percent at its September 18, 2017 meeting. The meeting was held against a backdrop of general macroeconomic stability, a prolonged election period, and continued uncertainties in the global...
Banking Sector, General, Uncategorized
The Central Bank of Kenya (“CBK”) together with the Kenya Deposit Insurance Corporation (“KDIC”) has issued an invitation to investors to present an initial Expression of Interest (“EOI”) to take an equity interest in Imperial Bank Limited (In Receivership). Read...