The Central Bank of Kenya is responsible for formulating monetary policy to achieve and maintain price stability. The Central Bank also promotes financial stability; an effective and efficient payment, clearing and settlement system; formulates and implements foreign exchange policies; holds and manages foreign exchange reserves; issuing of currency; and is the banker for, adviser to and fiscal agent of the Government.
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Spotlight
Recent News
CEOs Survey of January 2023
The Central Bank of Kenya (CBK) has released the report of the January 2023 CEOs Survey. The Survey is conducted every two months, prior to the Monetary Policy Committee (MPC) meeting. The objective of the Survey is to capture information on top firms’ perceptions,...
read moreMarket Perceptions Survey of January 2023
The Central Bank of Kenya (CBK) undertakes a Market Perceptions Survey, prior to every Monetary Policy Committee (MPC) meeting, to obtain perceptions of banks and non-bank private sector firms on selected economic indicators including inflation, economic growth,...
read moreAgriculture Sector Survey of January 2023
The agriculture sector continues to play a critical role in Kenya’s economy accounting for 20 percent of Gross Domestic Product (GDP). The sector also employs over 40 percent of the total population and more than 70 percent of the rural populace. Given the critical...
read moreMPC retains CBR at 8.75 percent
The Monetary Policy Committee retained the Central Bank Rate (CBR) at 8.75 percent at its January 30, 2023 meeting. Read more…
read moreLicensing of Digital Credit Providers – January 2023
The Central Bank of Kenya (CBK) announces the licensing of 12 Digital Credit Providers (DCPs). This is pursuant to Section 59(2) of the Central Bank of Kenya Act (CBK Act). This brings the number of licensed DCPs to 22 following the licensing of 10 DCPs announced in...
read moreAcquisition of Certain Assets and Liabilities of Spire Bank Limited by Equity Bank (Kenya) Limited
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...
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