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 Financing of Terrorism legislation on the process of undertaking ML/FT risk assessment. It further provides guidance on the factors that banking institutions should consider when assessing their ML/TF risk exposure. Read more…
Key New CBK Indicative Exchange Rates |
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US DOLLAR | 134.5843 | |
STG POUND | 171.3796 | |
EURO | 146.5219 | |
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Posted On: 18-03-2024 |
Key Rates |
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Central Bank Rate | 13.00% | 06/02/2024 | |
Inter-Bank Rate | 13.37% | 18/03/2024 | |
CBK Discount Window | 17.00% | 06/02/2024 | |
91-Day T-Bill | 16.698% | 18/03/2024 | |
REPO | 8.94% | 11/08/2023 | |
Inflation Rate | 6.31% | February,2024 | |
Lending Rate | 14.63% | December,2023 | |
Savings Rate | 4.24% | December,2023 | |
Deposit Rate | 10.1% | December,2023 | |
KBRR | 8.9% | 27/07/2016 |