Borrowing costs rise as Equity Bank raises interest rates
Equity Bank announced today it will increase its reference lending rate by 0.68 percentage points to 18.24%, effective February 20th. ...
Saturday, December 21, 2024
Tag: CBK
Central Bank projects surge in foreign inflows
The Central Bank of Kenya (CBK) anticipates a surge in foreign inflows into the Kenyan economy in 2024, marking a ...
Central bank hikes rates to rein in stubborn inflation
The Monetary Policy Committee (MPC) took decisive action today, voting to raise the Central Bank Rate (CBR) from 12.5 percent ...
Central Bank raises benchmark rate to 12.5% to fight inflation
Kenya’s central bank raised its benchmark interest rate by 2 percentage points on Tuesday to try to tame rising inflation ...
CBK Governor admits to over 400 illegal digital lenders in Kenya
Central Bank of Kenya (CBK) Governor, Kamau Thugge, faced intense questioning regarding the proliferation of illegal digital credit providers (DCPs) ...
CBK Governor warns of fiscal challenges as Kenya’s emergency reserves dwindle
The Central Bank of Kenya (CBK) informed Parliament that the government has expended over three-quarters of its emergency funds at ...
CS Ndung’u blames shilling crisis on failed policies
Treasury Cabinet Secretary Prof. Njuguna Ndung'u made some startling statements on Monday about why the Kenyan shilling has been rapidly ...
CBK warns consumers against unauthorized money remittance providers
The Central Bank of Kenya (CBK) has adopted a resolute stance against entities and individuals engaged in the provision of ...
Central Bank of Kenya offers 6.5-year amortized bond
The Central Bank of Kenya (CBK) is currently offering a 6.5-year Amortized Bond, designated as Issue No. IFB1/2023/6.5. The bond ...
Kenyan regulators monitor global inflation amid Middle East conflict
The Capital Markets Authority in Kenya is closely monitoring global developments, anticipating imminent policy responses from the Central Bank of ...
