The Central Bank of Kenya (CBK) has come under scrutiny following the revelation that the printing…
Tag: CBK
Absa Kenya to Expand Agency Services Network to 17,000 Outlets in Two Years
Absa Bank Kenya has unveiled an ambitious plan to significantly expand its agency services network, with…
Retail Food Prices Fall as Exchange Rate Stabilizes and Fuel Costs Decrease
Kenyans are poised to experience a significant decline in food prices over the next three months,…
Unlocking the Potential of Diaspora Investments for Kenya’s Development
Kenyans in the diaspora continue to play a pivotal role in the economic growth of their…
Kenya’s Currency Printing Deal Raises Transparency Concerns Amid Financial Strain
The Central Bank of Kenya (CBK) has stirred a significant debate with its recent decision to…
Risk-Averse Investors Shun Kenyan Local Debt, Deepening Fiscal Woes
Nervousness among investors over Kenya’s economic and political stability is leading to a significant withdrawal from…
Banks to Enhance Surveillance of Customer Transactions Following CBK Directive
Commercial banks in Kenya have embarked on a significant overhaul of their transaction monitoring practices. This…
CBK Introduces Updates to Kenyan Banknotes to Align with Constitutional Standards
The Central Bank of Kenya (CBK) has announced a series of updates to the Kenyan currency…
Central Bank of Kenya Makes ‘Purpose of Payment’ Field Mandatory for RTGS Transactions
The Central Bank of Kenya (CBK) has announced a significant regulatory update affecting online and mobile…
Kenyan Banks Expand Presence in East Africa and DRC
Eight prominent Kenyan banks have notably increased their branch networks in the East African Community (EAC)…