Banking Sector, General
The Finance Act, 2018 amended the Central Bank of Kenya Act (CBK Act) to provide the legal framework for the licensing and regulation of the mortgage refinance business and to bring the operations of Mortgage Refinance Companies (MRCs) within the regulatory and...
Banking Sector, General
The Central Bank of Kenya (CBK) has prepared a draft paper on the impact of interest rate capping on the Kenyan economy. CBK invites comments on the draft paper through the email address ResearchStat@centralbank.go.ke by April 30, 2018. Read the full draft paper...
General, Uncategorized
The Central Bank of Kenya has released the Bank Supervision Report for 2016. The report reviews performance and developments in the Kenyan banking sector in 2016. The banking sector demonstrated continued resilience both in its domestic and regional operations. The...
General
The Monetary Policy Committee (MPC) retained the Central Bank Rate (CBR) at 10.0 percent at its meeting held on January 30, 2017. The Committee concluded that inflation was expected to remain within the Government target range in the short term but noted increased...
Read More Dr. Baranski was appointed the first Governor in May 1966, on secondment from the International Monetary Fund (IMF). During his one year tenure, the CBK commenced operationalizing the CBK Act, assumed responsibility for monetary policy and management of the...
