He noted that after the Central Bank of Kenya (CBK) further lowered the Central Bank ... he called on Kenyan banks to take advantage of the Pan African Payment and Settlement System to conduct ...
Discover what crypto is and how it works. A cryptocurrency is a digital form of money. They are digital assets created to be used to pay for goods and services. Cryptocurrencies can be used as a ...
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The Central Bank of Kenya (CBK) rejected Sh19.7 billion from bond bidders in its October auction as it continues efforts to bring down domestic interest rates in a bid to reignite economic growth.
WASHINGTON (AP) — Savion Hart and Bryce Cox each ran for over 100 yards and scored touchdowns and Georgetown rallied for a 21-20 win over Bucknell on Saturday. A 12-play, 81-yard drive that ...
An ex-Commerzbank AG analyst faces a trial at a London court after he was found to have made false sexual assault allegations against a colleague in his own discrimination lawsuit that he lost ...
Commercial banks have deepened their dependence on the Central Bank of Kenya (CBK) for liquidity support, pushing their cumulative drawdowns through reverse repurchase agreements (repos ...
Last month the regulator directed banks and microfinance banks to commence testing of the upgraded system for messaging high-value financial transactions to increase speed of transfers while ...
CBK assigned the German firm trading as Giesecke+Devrient Currency Technologies, the Sh14.5 billion tender through a ‘classified’ direct procurement. The firm is expected to print 460 million ...
Therefore, the Committee decided to lower the Central Bank Rate (CBR) to 12%," read a press release by CBK. Speaking to ...
Despite the Central Bank of Kenya (CBK) cutting its key lending rate, banks are tightening their lending standards, deepening concerns about the availability of credit to businesses and households.
President William Ruto and Central Bank of Kenya (CBK) Governor Kamau Thuge yesterday asked commercial banks to consider lowering their lending rates to help spark credit growth. This came as the ...