Central Bank of Kenya reports undersubscription in Treasury Bill auction
In this week's Treasury Bill auction, the Central Bank of Kenya (CBK) announced an unexpected development as the bills experienced ...
Saturday, December 21, 2024
Tag: CBK
Surge in debt defaults hits Kenyan small businesses
A striking revelation has emerged from the recently published report by the Central Bank of Kenya (CBK) and the Kenya ...
Absa Bank raises Timiza daily transaction limit to KES 500,000
Absa Bank Kenya on Thursday announced an increase in the daily transaction limit of their mobile platform, Timiza, from KES ...
Report: Kenyan firms eye new markets, digitization, and cost management for growth
Private sector firms in Kenya are cautiously optimistic about their growth prospects over the next year, despite facing multiple headwinds ...
NCBA Bank raises loan rates for third time in six months
NCBA Bank has announced that it will increase its loan interest rates for the third time in six months, effective ...
CBK retains benchmark lending rate at 10.5%
The Central Bank of Kenya (CBK) has retained its benchmark lending rate at 10.5%. In a statement on Tuesday, the ...
Kenya sees all-time high in cash outside banks
The amount of physical currency circulating outside the banking system in Kenya reached a record high of KES 273.4 billion ...
Private investments poised to grow amid rising CBK lending rate increase
The Central Bank of Kenya's Monetary Policy Committee increased the base lending rate from 9.50% in June to 10.50% in ...
Parliament gives nod to Andrew Musangi as new CBK board chair
The National Assembly has approved the appointment of Andrew Mukite Musangi as the new Chairperson of the Board of Central ...
Banks Remain the Largest Domestic Lenders to The Government
According to the latest Central Bank of Kenya (CBK) Weekly Bulletin, Banks continue to be the largest domestic creditors to ...
