Central Bank of Kenya

106 Articles
FEATURED STORY

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

Tariffs for transactions above Sh70,000 to remain in place

Monetary Policy Committee
ECONOMY

CBK Maintains Base Lending Rate After Back to Back Cuts

CBK says its interventions have eased pressure on borrowers and allowed banks the wiggle room to manouvre

Monetary Policy Committee
ECONOMY

Seven Banks Restructure Sh176 Billion Worth of Loans in One Month

The banking sector, one of the most resilient sectors in the country has started feeling the heat and is looking at a bad...

CBK Governor Dr Patrick Njoroge profile www.businesstoday.co.ke
MARKETS

CBK Quest for Lower Interest Rates Signals Tough Times Ahead

With the economy slowing further, choked by the Covid-19 pandemic, it will take more than lowering the signal rate to excite credit markets.

Mayfair Bank owners www.businesstoday.co.ke
SMART BUSINESS

Laughing All the Way to the Bank: Kenyans Earn Billions From Mayfair Sale

New investors who will take over the bank from 1st May 2020 are expected to restructure Mayfair operations using international experience.

Mobile loan lenders. CBK regulations say that non-performing loans of less than Ksh 1,000 will not be submitted to CRBs and Borrowers previously “blacklisted” for amounts less than Ksh 1,000 will be “delisted.” www.businesstoday.co.ke
FEATURED STORY

Kenyans Delisted from CRBs as CBK Seeks Taming Shylocking

and Borrowers previously “blacklisted” for amounts less than Ksh 1,000 will be “delisted.”

ECONOMY

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

FEATURED STORY

Billions Hidden by Kenyans Find a Key Role in Corona War

CBK Governor Dr Patrick Njoroge said the money was gained from the mop-up of the old 1,000 shillings banknotes.

CBK Governor Patrick Njoroge
FEATURED STORY

COVID-19 May Have Bought You Time To Pay Your Loans

SMEs and commercial borrowers can also approach their banks to have their loans restructured