CBK is intensifying its crackdown on hidden charges in the pricing of loans with a landmark proposal that will, compel mobile lenders to transparently outline all borrowing costs or face penalties.

CBK has issued a consultative paper proposing that all banks use the Central Bank Rate (CBR) plus a disclosed premium (“K”) ...

The Central Bank of Kenya (CBK) has announced plans to introduce changes to its current lending rate framework, known as the ...

The Central Bank of Kenya (CBK) has termed the impact of US President Donald Trump’s 10 percent tariff on Kenyan exports as immaterial amid fears of a global recession. The apex bank has ...

Nairobi: The Central Bank of Kenya (CBK) on Tuesday reduced its benchmark lending rate to 10 percent from 10.75 percent to boost lending to the private sector. Kamau Thugge, governor of the CBK ...

A general view shows people walking past the Central Bank of Kenya headquarters building along Haile Selassie avenue in Nairobi, Kenya October 9, 2017. REUTERS/Thomas Mukoya/File Photo NAIROBI ...

The central bank cut its repo rate by 25 basis points to 6%, as widely expected, and shifted its policy stance from "neutral" to "accommodative," signaling possible further cuts ahead.

The central bank altered its stance from "neutral" to "accommodative." The RBI now projects growth at 6.5%, which is slightly lower than its previous forecast of 6.7%. The next meeting of the MPC ...

The Central Bank of Kenya (CBK) Governor Kamau Thugge now says Kenya is set to lose Ksh12.8 billion ($100 million) annually in exports to the United States following President Donald Trump’s decision ...

The president of De Nederlandsche Bank (DNB), the Dutch Central Bank, Klaas Knot, said on Wednesday morning during a conference with economists in Amsterdam. Despite a severe shock on the stock market ...

Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the country is entering the tariff disputes from a ...

The Central Bank of Kenya (CBK) has reduced the base lending rate by 0.75% following a Monetary Policy Committee (MPC) meeting. Central Bank of Kenya governor Kamau Thugge announced the reduction of ...