Read more Dr. Baranski was appointed the first Governor in May 1966, on secondment from the International Monetary Fund (IMF). During his one year tenure, the CBK commenced operationalizing the CBK Act, assumed responsibility for monetary policy and management of the...
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The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) is a regionally owned institute, currently with 14 member countries. The Institute is inviting proposals from qualified Consultants/Firms to develop a comprehensive programme...
Development of Banking in Kenya The financial journey in Kenya dates back to the pre-colonial periods. At first, the pioneering banks concentrated on financing international trade along the Europe-South Africa–India axis. They, however, soon diversified operations to...
Key Milestones For the past 50 years, the Bank has made significant strides in fulfilling its mandate. Successive Boards have seen the Bank grow from a staff establishment of 60 in 1966 to over 1,300. In response to its expanding functions, the areas of operation have...
Bank History Introduction The Central Bank of Kenya was established by an Act of Parliament of March 24, 1966 and opened its doors to the public on September 14, 1966. The Bank is now anchored in the Constitution under Article 231. The mandate of the Bank is to...
