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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Recent News
Cybersecurity Guideline for Payment Service Providers
Pursuant to Section 31(2) (b) of the National Payment System Act, 2011 which empowers the Central Bank of Kenya to issue Directives and Guidelines, the CBK has developed a Cybersecurity Guideline for Payment Service Providers (PSPs). The objective is to create a safer...
read moreNext Monetary Policy Committee (MPC) Meeting
The next meeting of the Monetary Policy Committee (MPC) will be held on Wednesday, July 24, 2019.
read moreLaunch of the New Generation Banknotes
The Central Bank of Kenya Governor announces the unveiling of the New Generation Banknotes. Old generation one-thousand shilling banknotes will need to be exchanged by October 1, 2019, after which they cease to be legal tender. Read the Governor's Speech here... View...
read moreInvitation for Public Comments on the Draft Credit Reference Bureau Regulations
The Finance Act, 2016 amended Section 31 of the Banking Act to bring on board (credit information sharing framework) saccos, cooperative societies, public utility companies and any other institution mandated to share credit information under any written law. In...
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