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.

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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...

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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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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.

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