Tag: CBK Governor Dr. Patrick Njoroge

spot_imgspot_img

CBK Reacts to Gachagua’s Market-Shaking ‘No Forex Reserves’ Comment

The CBK also asserted that its foreign exchange cover remained adequate, in compliance with the CBK Act, EAC Monetary Union Protocol and targets of the IMF-supported economic program.

New Rules for Loan Apps as CBK Sets Compliance Deadline

With the new regulatory framework, they will be required to disclose interest rates, late payment and rollover fees before issuing the loans. The CBK expects the move to result in overall cheaper credit.

What New Mobile Loans Bill Means For You

The bill places digital lenders under the ambit of CBK much like commercial banks, saccos and micro-finance institutions.

CBK Opens New Offshoot in Kisii

CBK's current network includes branches in Mombasa, Kisumu and Eldoret as well as centres in Nyeri, Nakuru, Meru, and now Kisii.

Kenya Joins Global Players in Push For Tighter Regulation of BigFintech

Regulators, UN agencies, market actors, and officials from 10 countries will gather virtually on October 9, 2020, to launch the Dialogue on Global Digital Finance Governance to ensure BigFintechs play a more proactive role in the global community

Banks Get CBK Greenlight to Blacklist Loan Defaulters

CBK declines to extend freeze on CRB blacklisting throwing millions of distressed Kenyans back into the radar of CRBs

CBK Extends Free Mobile Transactions Below Sh1,000 to End Year

Tariffs for transactions above Sh70,000 to remain in place

Coronavirus Deflates Kenya’s Projected Economic Growth to 11-Year Low

Central Bank slashes base lending rate to allow banks lend more money to Kenyans

Stay in touch:

255,324FansLike
128,657FollowersFollow
97,058SubscribersSubscribe

Newsletter

Don't miss

Rose Ntong’ondu: Popcorn Hawker Who Owns a Multi-Million Beauty Empire

Rose Ntong'ondu, founder of Makeup by Rose, is a Kenyan-based makeup artist, teacher, mentor, and beauty entrepreneur.

Kenya Re New Awards to Stimulate Swift Premium Payment

The Kenya Reinsurance Corporation (Kenya Re) has launched an award scheme to recognise insurance companies that remit premiums on time. T

NSE Gets New CEO As Geoffrey Odundo Exits

The Nairobi Securities Exchange (NSE) has appointed Frank Mwiti...

Uhuru’s Newspaper Dresses Down Ruto, Calls Him ‘Small-minded’

People Daily newspaper criticises President William Ruto and his administration, arguing “the disdain by the Ruto administration for the media has never been disguised.”

Kenya’s Minimum Wage is the Highest in East Africa

Kenya is putting many thousands of shillings in the pockets of those at the bottom end of the pay scale than any of her counterparts, Uganda and Tanzania, in East Africa - it has the highest minimum wage.
spot_img