Monetary Policy
The agriculture sector continues to play a critical role in Kenya’s economy accounting for about 20 percent of Gross Domestic Product (GDP). The sector also employs over 40 percent of the total population and more than 70 percent of the rural populace. Given the...
Monetary Policy
The Monetary Policy Committee met on Wednesday, April 3, 2024. Governor and MPC Chairman Dr. Kamau Thugge hosted a press briefing on Thursday, April...
Monetary Policy
The Monetary Policy Committee retained the Central Bank Rate (CBR) at 13.00 percent at its April 3, 2024 meeting. Read more…...
Banking Sector
The Central Bank of Kenya has released the Credit Officer Survey Report for December 2023. The quarterly survey monitors developments in the domestic credit market. Read more…...
Banking Sector
The Central Bank of Kenya (CBK) announces the licensing of additional 19 Digital Credit Providers (DCPs). This is pursuant to Section 59(2) of the Central Bank of Kenya Act (CBK Act). This brings the number of licensed DCPs to 51 following the licensing of 32 DCPs...
Monetary Policy
The next meeting of the Monetary Policy Committee (MPC) will be held on Wednesday, April 3, 2024....
Banking Sector
Section 55 of the Banking Act requires the Central Bank of Kenya (CBK) to prescribe in Regulations, penalties for the violation of the Banking Act, Regulations thereunder, the Prudential Guidelines or CBK’s directions. In this regard, CBK has developed the draft...
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,...
Monetary Policy
The Central Bank of Kenya (CBK) has released the report of the January 2024 CEOs Survey. The Survey is conducted every two months, prior to the Monetary Policy Committee (MPC) meeting. The objective of the Survey is to capture information on top firms’ perceptions,...
Monetary Policy
The agriculture sector continues to play a critical role in Kenya’s economy accounting for about 20 percent of Gross Domestic Product (GDP). The sector also employs over 40 percent of the total population and more than 70 percent of the rural populace. Given the...
