Banking Sector
The Central Bank of Kenya (CBK) announces the acquisition of 49 percent of the shareholding of Mayfair CIB Bank Limited (MBL) by Commercial International Bank (Egypt) S.A.E. (CIB) effective January 31, 2023. This follows CBK’s approval on January 23, 2023, under...
Monetary Policy
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, demand...
Monetary Policy
The Central Bank of Kenya (CBK) conducted a Survey of Hotels between May 11 and 13, 2021, to assess the extent of recovery of the sector, particularly following the resurgence in COVID-19 cases in the country and the consequent imposition of zoned lockdowns in...
Monetary Policy
The Central Bank of Kenya (CBK) conducted a survey on March 15-17, 2021 to assess the extent of recovery in the flower sector, particularly after the resurgence of the third wave of COVID-19 globally and discovery of new variants of the virus in some countries. The...
Monetary Policy
The Central Bank of Kenya (CBK) conducted a survey between March 15 and 17, 2021 to assess the extent of recovery in the hotels, particularly with the increased uncertainties due to rising COVID-19 cases with the third wave of the pandemic. The survey was a follow up...