News
Impact of Interest Rate Capping on the Kenyan Economy
The Central Bank of Kenya (CBK) has prepared a draft paper on the impact of interest rate capping on the Kenyan economy. CBK invites comments on the draft paper through the email address ResearchStat@centralbank.go.ke by April 30, 2018. Read the full draft paper...
read moreMPC lowers CBR to 9.50 percent
The Monetary Policy Committee lowered the Central Bank Rate (CBR) to 9.50 percent at its March 19, 2018 meeting. Read more...
read moreCBK Public Lecture in Honour of the Late Prof. Francis Mwega
The Central Bank of Kenya and the University of Nairobi hosted a public lecture in honour of the late Prof. Francis Mwega on February 27, 2018. The keynote address was by Prof. Benno Ndulu, the former Governor of the Bank of Tanzania, on the subject 'Conduct of...
read moreCredit Survey Report
The Central Bank of Kenya has compiled the credit officer survey report for the quarter ended December 2017. The survey, undertaken on a quarterly basis, aims at monitoring trends in credit standards in the Kenyan banking industry and gaining insights into specific...
read moreConsultative Paper on the Review of the Microfinance Legislations
The Central Bank of Kenya (CBK) is revising the legal and regulatory framework governing the microfinance banking sub-sector in Kenya to ensure it is up to date and relevant to the sub-sector’s dynamic operating environment. In this regard, CBK is currently conducting...
read moreNext Monetary Policy Committee (MPC) Meeting
The next meeting of the Monetary Policy Committee (MPC) will be held on Monday, March 19, 2018.
read moreMEFMI Vacancy – Executive Director
The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) is inviting applications for the position of Executive Director. The deadline for submitting applications is January 31, 2018. Read more...
read moreMPC retains CBR at 10 percent
The Monetary Policy Committee retained the Central Bank Rate (CBR) at 10.0 percent at its January 22, 2018 meeting. Read more...
read moreCBK Governor Dr. Patrick Njoroge is 2018 Central Banker of the Year, Africa
The Governor of the Central Bank of Kenya, Dr. Patrick Njoroge, has been recognised as the Central Banker of the Year, Africa by the prestigious The Banker magazine, a publication of the Financial Times group. Read more...
read moreDraft Guidance Note on Conducting Money Laundering/ Terrorism Financing (ML/TF) Risk Assessment
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...
read moreNext Monetary Policy Committee (MPC) Meeting
The next meeting of the Monetary Policy Committee (MPC) will be held on Monday, January 22, 2018.
read moreMPC retains CBR at 10 percent
The Monetary Policy Committee retained the Central Bank Rate (CBR) at 10.0 percent at its November 23, 2017 meeting. Read more...
read moreNext Monetary Policy Committee (MPC) Meeting
The next meeting of the Monetary Policy Committee (MPC) will be held on Thursday, November 23, 2017.
read moreMPC retains CBR at 10 percent
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...
read moreInvitation to Submit Expression of Interest for Imperial Bank Ltd (In Receivership)
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...
read moreCredit Survey Report
The Central Bank of Kenya has compiled the quarterly credit officer survey report for the quarter ended June 2017. The survey aims at monitoring the credit standards and gaining insights into specific developments in the domestic credit market. Read more...
read more2016 Bank Supervision Annual Report
The Central Bank of Kenya has released the Bank Supervision Report for 2016. The report reviews performance and developments in the Kenyan banking sector in 2016. The banking sector demonstrated continued resilience both in its domestic and regional operations. The...
read moreCBK Guidance Note on Cybersecurity
The leveraging on technology by banks exposes them to increased cyber risks. In this regard, the Central Bank of Kenya (CBK) has issued a Guidance Note on Cybersecurity that outlines the minimum requirements for banks to enhance their cyber security. Read more...
read moreAcquisition of Habib Bank Ltd Kenya by Diamond Trust Bank Kenya Ltd
The Central Bank of Kenya (CBK) announces that Diamond Trust Bank Kenya Limited (DTB) has acquired 100 percent of Habib Bank Limited Kenya (HBLK), effective August 1, 2017. HBLK is fully owned by Habib Bank Limited (HBL) whose head office is based in Pakistan Read more
read moreNext Monetary Policy Committee (MPC) Meeting
The next meeting of the Monetary Policy Committee (MPC) will be held on September 18, 2017.
read moreMPC retains CBR at 10 percent
The Monetary Policy Committee retained the Central Bank Rate (CBR) at 10.0 percent at its July 17, 2017 meeting. The meeting was held against a backdrop of declining food prices, sustained macroeconomic stability, and continued resilience of the economy. Read more...
read moreDraft Banking (Penalties) Regulations 2017
Section 55 of the Banking Act requires the Central Bank of Kenya (CBK) to prescribe penalties for violation of the Banking Act, Regulations thereunder, the Prudential Guidelines or CBK’s directions. In this regard, CBK has drafted the Banking (Penalties) Regulations,...
read moreDraft CBK Guidance Note on Cyber Risk – June 2017
The increased leveraging on technology by banks exposes them to increased cyber risk. In this regard, the Central Bank of Kenya (CBK) has drafted a Guidance Note on Cyber Risk that outlines the minimum requirements for banks to enhance cyber security. CBK invites...
read moreInternship Openings
The Central Bank of Kenya invites applications for nine internship positions in the following areas; Finance, Research and Economics, Strategic Management, Communications and Legal Services. The deadline for submitting online applications is June 23, 2017. Read more...
read more