Tag: CBK Governor Dr. Patrick Njoroge


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

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