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
The Central Bank of Kenya staff successfully hiked Mount Kilimanjaro on June 4-11, 2017, to raise funds in support of St. Kizito’s School for the Deaf, Litein.
The Central Bank of Kenya (CBK) celebrated its 50 years of existence and service to the nation of Kenya in September 2016. These celebrations entailed the CBK’s involvement in a number of activities.
Recent News
Guidance Note on Implementation of IFRS 9
The Central Bank of Kenya has issued a Guidance Note to commercial banks, mortgage finance companies and microfinance banks on regulatory capital treatment of provisions arising from implementation of the International Financial Reporting Standard (IFRS) 9. Read...
read moreNext Monetary Policy Committee (MPC) Meeting
The next meeting of the Monetary Policy Committee (MPC) will be held on Monday, May 28, 2018.
read moreGuidance Note on Conducting Money Laundering/ Terrorism Financing Risk Assessment
The Central Bank of Kenya has issued a Guidance Note on conducting money laundering (ML) and terrorism financing (TF) risk assessment by banking institutions. The Guidance Note clarifies the regulatory requirements under Kenya’s Anti-Money Laundering and Combating...
read moreImpact 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...
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