Tag: CBK
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Kenya’s diaspora remittance inflows ascend in August
The Central Bank of Kenya (CBK) said in a statement released in Nairobi that the August inflows increased by 1.4 percent when compared to...
Kenya’s central bank vows to stabilize shilling
CBK Governor Patrick Njoroge told a media briefing in Nairobi that the value of the local currency has been declining partly due to indiscipline...
Interest rate on Kenya’s bonds hits three-year high
The interest rate on the 91-day Treasury bill and a one-year Treasury bond stood at an average of 19 percent in this week's auction,...
Kenya’s domestic debt drops by US$1.2 billion since January
Kenya's domestic debt has declined to 13.5 billion U.S. dollars as government slows down borrowing from the public, new data from the Central Bank...
Bad loans rise in Kenya as lending charges soar
Rising lending rates in Kenya have stifled loan repayment leading to an increase in bad loans, according to the Central Bank of Kenya (CBK)....
