JPMorgan Chase opens Kenya representative office, eyes East Africa expansion
The Central Bank of Kenya (CBK) has granted JPMorgan Chase Bank N.A. authorization to open a representative office in Kenya, ...
Saturday, December 21, 2024
Tag: CBK
Central Bank slashes interest rate to 12% as inflation falls below target
The Central Bank of Kenya (CBK) has lowered its benchmark interest rate to 12.00% as inflation continues to decline and ...
Digital Credit Providers surge to 85 as CBK issues new licenses
The Central Bank of Kenya (CBK) has licensed 27 additional Digital Credit Providers (DCPs), raising the total number of licensed ...
Shilling holds steady as foreign exchange reserves hit KES 993 billion
The Kenyan shilling remained steady against major currencies in the week ending September 12, 2024, as the Central Bank of ...
Mbadi to appoint new Monetary Policy Committee members
Newly appointed Treasury Cabinet Secretary John Mbadi is set to make significant changes at the Central Bank of Kenya (CBK) ...
Kenyan currency notes updated with new security features
In a bid to uphold constitutional standards, the Central Bank of Kenya (CBK) has announced significant changes to the Kenyan ...
Central Bank holds rate steady at 13% as inflation cools
The Central Bank of Kenya left its benchmark interest rate unchanged at 13%, citing easing inflation pressures and an improved ...
Lawmakers push for stricter rules on online credit firms
Kenyan lawmakers have called for stricter oversight of digital lending firms, citing concerns over alleged exploitation of borrowers in the ...
CBK licenses 19 more digital credit providers
The Central Bank of Kenya (CBK) has licensed 19 more digital credit providers (DCPs), bringing the total number of regulated ...
Central Bank reports eighth week of oversubscribed treasury bills
The Central Bank of Kenya has revealed the results of its weekly treasury bill auction, showing that demand for government ...
