Development of Banking in Kenya The financial journey in Kenya dates back to the pre-colonial periods. At first, the pioneering banks concentrated on financing international trade along the Europe-South Africa–India axis. They, however, soon diversified operations to...
Bank History The Central Bank of Kenya was established by an Act of Parliament of March 24, 1966 and opened its doors to the public on September 14, 1966. The Bank is now anchored in the Constitution under Article 231. The mandate of the Bank is to formulate and...
The Central Bank held its annual Inter-Branch games in Mombasa in August 2016. The well attended and competitive games were opened by Deputy Governor, Sheila M’Mbijjewe. Teams participated in different games including netball, volleyball, football, swimming, squash,...
National Payments System A payments System refers to a system or arrangement that enables payments to be effected between a payer and a beneficiary, or facilitates the circulation of money, and includes any instruments and procedures that relate to the system....
Banking Services The Central Bank is the banker for the government, encompassing the national government, government ministries, departments & agencies (MDA’S) and county governments. These institutions hold a variety of accounts with the Central Bank, depending...
