Monetary Policy Committee
Central Bank Rate Retained At 7% To Keep Stimulating The Economy
The decision to keep the benchmark Central Bank Rate interest rate at 7% after the Monetary Policy Committee (MPC) on 28th July was...
BT Reporter1 Mins read
CBK Retains Benchmark Rate At 7%, Signaling Economic Recovery
Central Bank Rate: The Central Bank of Kenya has retained its benchmark rate at 7%, signaling confidence in the prevailing monetary policy as...
BT Reporter3 Mins read
Millions of Kenyans Struggling to Pay Loans Face CRB Monster
According to the survey 10% of households reported they are unable to service loans at all, with another 13.6% falling behind in payments.
BONIFACE KASEMBELI2 Mins read
CBK, Confident With Previous Cuts, Retains Signal Rate at 7%
The Monetary Policy Committee (MPC), the policy-formulating organ of the Central Bank of Kenya, met on 29th September, 2020.
LUKE MULUNDA3 Mins read
Banks Restructure Sh1.12trn Worth of Loans in Six Months
Of the Ksh1.12 trillion, personal/household loans amounting to Ksh271 billion or 33 percent of the gross loans to this sector had their tenors...
Samuel Gitonga2 Mins read
Banks Restructure Sh679bn Worth of Loans
CBK locks base lending rate at 7.00%, to reconvene within a month
Samuel Gitonga2 Mins read
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.
BT Reporter2 Mins read
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
Samuel Gitonga2 Mins read
Central Bank Retains Benchmark Rate at 9%
Committee says it will continue to closely monitor developments in the global and domestic economy, including any perverse response to its previous decisions,...
BT Reporter3 Mins read
