Tag Archives: Central Bank of Kenya (CBK)

Why Gifting Your Valentine Money Bouquets Could Land You in Trouble: CBK

The Central Bank of Kenya (CBK) has warned the public against using Kenya Shilling banknotes for decorative or celebratory purposes. This advisory follows a rise in cases where cash is incorporated into flower bouquets, ornamental arrangements, and similar displays. Click here to join our WhatsApp Channel CBK noted that folding, …

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CBK to Raise Sh40 Billion Through Long-Term Bonds for Gov’t Budget Support

The Central Bank of Kenya (CBK) is looking to raise Sh40 billion from investors to support government spending through the reopening of 15-year and 25-year Treasury bonds. These fixed-coupon bonds were previously issued and remain active in the market, now available to new investors. “Central Bank of Kenya, acting as …

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Kenyan Firms Turn to Self-Financing as Borrowing Costs Remain High

A growing number of Kenyan companies are funding their operations and expansion projects using their own resources rather than bank loans, as high interest rates and tough lending terms persist, a new Central Bank of Kenya (CBK) survey shows. The September 2025 CEOs Survey reveals that most firms now rely …

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CBK Approves 27 More Digital Lenders, Total Now 153

The Central Bank of Kenya (CBK) has licensed an additional 27 Digital Credit Providers (DCPs), raising the number of approved lenders to 153. The announcement, made on Thursday, comes just three months after CBK cleared 41 DCPs in June 2025. Click here to join our WhatsApp Channel According to the …

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CBK Extends KEPSS Operating Hours for Bulk Payments

The Central Bank of Kenya (CBK) has extended the operating hours for bulk payments under the Kenya Electronic Payment and Settlement System (KEPSS) to enhance the processing of large-value and time-sensitive transactions. Click here to join our WhatsApp Channel Effective July 1, 2025, KEPSS—the country’s Real Time Gross Settlement (RTGS) …

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CBK Seeks Public Feedback on Revised Credit Pricing Framework

The Central Bank of Kenya (CBK) has released a consultative paper inviting public views on proposed changes to the Risk-Based Credit Pricing Model (RBCPM), first introduced in 2019 to tackle high interest rates and increase transparency in lending. Click here to join our WhatsApp Channel Five years on, CBK is …

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CBK Approves Full Acquisition of NBK by Nigeria’s Access Bank

The Central Bank of Kenya (CBK) has granted approval for Access Bank PLC of Nigeria to fully acquire National Bank of Kenya Limited (NBK), having met all regulatory requirements. Click here to join our WhatsApp Channel This green light follows an earlier endorsement from the Cabinet Secretary for National Treasury …

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Kenya’s Forex Reserves Hit 4-Week Low Amid Shilling Decline

This week, Kenya’s foreign exchange reserves decreased by a significant 200 million U.S. dollars, reaching a four-week low, according to the Central Bank of Kenya (CBK) in its weekly financial markets update released on Friday evening. Click here to join our WhatsApp Channel The CBK reported that forex reserves stood …

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