Kenyan borrowers are now questioning how banks determine loan interest rates after the Central Bank of Kenya (CBK) imposed penalties on 33 commercial banks due to significant violations of banking regulations.The CBK noted that most issues identified during their inspections were related to the implementation of the Risk-Based Credit Pricing
Tag: Central Bank of kenya
CBK Treasury Bills Auction Raises Ksh 44.3 Billion on Strong Demand
The Central Bank of Kenya (CBK) successfully accepted Treasury bills totaling Ksh 44.32 billion in its latest auction, significantly surpassing the initial offering of Ksh 28 billion across three maturities.This auction featured 91-day, 182-day, and 364-day Treasury bills, demonstrating robust investor demand for these government securities.According to the results released
Kenya Private Sector Returns to Growth as PMI Rises in July
Kenya's private sector experienced growth in July for the first time in five months, marking a vital step toward economic recovery. This positive trend comes after a challenging period characterized by weak consumer demand, high operational costs, and geopolitical uncertainties.The latest Stanbic Bank Kenya Purchasing Managers' Index (PMI) climbed to
CBK to Conduct Fire and Emergency Drill in Nairobi Industrial Area
CBK Holds Interest Rate at 8.75% Amid Stable Inflation
The Central Bank of Kenya (CBK) decided to keep the Central Bank Rate (CBR) steady at 8.75 percent during its Monetary Policy Committee (MPC) meeting on April 8, 2026. This decision reflects the policymakers' careful observation of global trends, particularly the ongoing conflict in the Middle East, which has disrupted
Kenyan Shilling Holds Steady as Treasury Bill Rates Decline – CBK
The Kenyan shilling demonstrated stability against major international and regional currencies in the week ending March 26, 2026, despite a decline in Treasury bill interest rates, as reported by the Central Bank of Kenya (CBK) in its Weekly Bulletin on March 27.On March 26, the shilling traded at Ksh129.72 per
CBK Cuts Key Interest Rate to 9%
The Central Bank of Kenya (CBK) has reduced its key interest rate, the Central Bank Rate (CBR), by 0.25 percentage points, setting it at 9.00 percent, down from 9.25 percent. This adjustment signals ongoing confidence in Kenya's economic stability, supported by a firm national currency and positive projections for
CBK Weekly Report: Kenya’s Economy Stable as Inflation Holds at 4.6%
The Central Bank of Kenya (CBK) has emphasized a stable economic environment, showcasing significant developments in inflation, exchange rates, foreign exchange reserves, money market activities, government securities, and the equity market.The report, published on October 31, 2025, which covers the week ending October 30, 2025, offers a detailed analysis of
