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...
In February 2022, the Central Bank of Kenya (CBK) issued a Discussion Paper on Central Bank Digital Currency and sought views from the public on the potential applicability of a Central Bank Digital Currency (CBDC) in Kenya. The objective was to inform policy...
The Governor of the Central Bank of Kenya, Dr. Patrick Njoroge, hosted a press briefing on Wednesday May 31, 2023, after the Monetary Policy Committee meeting on Monday May...
The Central Bank of Kenya has issued the Bank Supervision Annual Report 2022. The report details the performance and developments of the Kenyan banking sector in 2022. Read the full report...
The Central Bank of Kenya has released the Credit Officer Survey Report for the quarter ended March 2023. 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....
The Central Bank of Kenya has issued the 2022 Banking Sector Innovation Survey Report. The aim of the Survey was to assess the state of innovation in the banking sector during the year 2022. Read the full report...
The Central Bank of Kenya announces the issuance and implementation of the Kenya Quick Response Code Standard 2023 (KE-QR Code Standard 2023; or the Standard). The Standard will guide how Payment Service Providers and banks (institutions) that are regulated by the CBK...
The Central Bank of Kenya (CBK) has released the report of the March 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,...
