Exchange Rates
The Central Bank of Kenya (CBK) announces the issuance of the Kenya Foreign Exchange Code (the FX Code) to commercial banks. The FX Code sets out standards for commercial banks, and aims to strengthen and promote the integrity and effective functioning of the...
Monetary Policy
The next meeting of the Monetary Policy Committee (MPC) will be held on Wednesday, March 29,...
Banking Sector
The Central Bank of Kenya has released the Credit Officer Survey Report for the quarter ended December 2022. The aim of the quarterly credit survey is to monitor Kenyan banking sector credit standards and gain insights into specific developments in the credit market....
Monetary Policy
The Central Bank of Kenya (CBK) has released the report of the January 2023 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 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 agriculture sector continues to play a critical role in Kenya’s economy accounting for 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 critical...
Multimedia
The Governor of the Central Bank of Kenya, Dr. Patrick Njoroge, hosted a press briefing on Tuesday, January 31, 2023, after the Monetary Policy Committee meeting on Monday, January...
Monetary Policy
The Monetary Policy Committee retained the Central Bank Rate (CBR) at 8.75 percent at its January 30, 2023...
Banking Sector
The Central Bank of Kenya (CBK) announces the licensing of 12 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 22 following the licensing of 10 DCPs announced in...
Banking Sector
The Central Bank of Kenya (CBK) announces the acquisition of certain Assets and Liabilities of Spire Bank Limited (Spire) by Equity Bank Kenya Limited (EBKL) effective January 31, 2023. This follows approval by CBK on January 23, and the Cabinet Secretary for the...
