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. The new members - Ms....

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Central Bank Rate Retained At 7% To Keep Stimulating The Economy

Central Bank Rate: The Central Bank of Kenya has left its benchmark interest rate unchanged as it continues to monitor recovery from the...

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

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Half of Kenyan households are struggling to keep up with their loan payments due to the negative effects of the Covid-19 pandemic. Financial...

The Central Bank of Kenya has maintained its key interest rate for the fourth straight time, explaining that recent policy measures are having...

Kenyan banks restructured Ksh1.12 trillion between March 18 and the end of August equivalent to 38 percent of the total banking sector loan...

Commercial banks had restructured Ksh679.9 billion in loans as at the end of May accounting for 23.4 percent of the total banking sector...

The Central Bank of Kenya has announced it had lowered the interest policy rate further to 7%, the lowest level in nine years,...

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The Central Bank on Monday slashed its base lending rate to 7.25% from 8.25% in a Monetary Policy Committee (MPC) meeting that also...