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6 posts

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CBK Warns Against Cash Flower Bouquets, Threatens Legal Action Over Mutilation of Banknotes

The Central Bank of Kenya (CBK) has issued a strong warning against the growing practice of using Kenya Shilling banknotes to create cash flower bouquets and ot...

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New CBK-Mandated KESONIA Formula Takes Effect

A new, uniform loan pricing formula has officially come into effect, following an agreement between the Central Bank of Kenya (CBK) and all 37 commercial banks....

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CBK's Commitment to Greening Kenya's Financial Sector

The Central Bank of Kenya (CBK) has reaffirmed its dedication to promoting sustainability in the Kenyan financial sector. It is urging industry stakeholders to...

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Caritas MFB To Benefit PWDs In Nakuru County

Persons with Disabilities in Nakuru County are set to benefit from Caritas Microfinance Bank (Caritas MFB) which launched its 8th branch in the county.Caritas M...

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CBK Unveils New QR Code For Digital Payments

The Central Bank of Kenya (CBK) in collaboration with telecommunication and banking partners on Wednesday launched the Kenya Quick Response Code (KE QR Code).CB...

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Central Bank of Kenya Reinstates Transaction Fees For Mobile Money Transactions Below Ksh 1,000

Mobile money users will starting January 2021 no longer send Sh1000 or less for free.In a statement, the Central Bank of Kenya (CBK) said providers will reinsta...