CBK lifts 10-year moratorium on new bank licenses
The Central Bank of Kenya (CBK) has officially lifted the moratorium on the licensing of new commercial banks, effective from 1st July ...
Friday, May 9, 2025
Tag: CBK
How the Kenyan government makes money by printing money
When people hear the phrase “printing money,” they often imagine governments simply creating wealth out of thin air. While this ...
What an interest rate cut means and its economic implications
On 5th February, CBK lowered its benchmark rate by 50.0 basis points to 10.75% from 11.25%, marking the fourth consecutive reduction since August 2024, in ...
CBK reports projected price hikes for sugar and cooking oil in February
Kenyans should prepare for higher prices of sugar and cooking oil in February 2025, according to a recent survey by ...
CBK’s new banknotes win global award for innovation and security
The Central Bank of Kenya (CBK) has received global recognition for its latest series of banknotes, winning the Best New ...
Kenya slashes interest rate to 10.75% in bid to boost lending
Kenya’s Central Bank has once again reduced its key interest rate in a bid to stimulate lending and boost economic ...
CBK announces KES 70 billion bond sale for infrastructure projects
The Central Bank of Kenya (CBK) has announced a bond sale worth KES 70 billion, providing both individual and institutional ...
CBK invites tenders for mobile application security solutions
The Central Bank of Kenya (CBK) has issued an invitation to tender for the procurement of software licenses and support ...
CBK invites bids for KES 30 billion government bonds
The Central Bank of Kenya (CBK) has opened bids for two government bonds valued at KES 30 billion. These bonds, ...
CBK forecasts price hikes for cooking oil and maize flour
The Central Bank of Kenya (CBK) has released its latest Monetary Policy Meeting Report, predicting a rise in cooking oil ...
