Profiles of the Four New Members of CBK Monetary Policy Committee

The Central Bank of Kenya (CBK) has welcomed on board four new members of its 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...

Central Bank Rate: The Central Bank of Kenya has retained its benchmark rate at 7%, signaling confidence in the prevailing monetary policy as...

According to the survey 10% of households reported they are unable to service loans at all, with another 13.6% falling behind in payments.

The Monetary Policy Committee (MPC), the policy-formulating organ of the Central Bank of Kenya, met on 29th September, 2020.

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...

CBK locks base lending rate at 7.00%, to reconvene within a month

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

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