Feb 5, 2025 · The Central Bank also promotes financial stability; an effective and efficient payment, clearing and settlement system; formulates and implements foreign exchange policies; holds and manages foreign exchange reserves; issuing of currency; and is the banker for, adviser to and fiscal agent of the Government.

The Central Bank of Kenya (CBK) has released the Credit Officer Survey Report for September 2024. The quarterly survey monitors developments in the domestic credit market. Read more… ... Draft Guidelines on Liquidity Coverage Ratio, Net Stable Funding Ratio and …

Central Bank Rates; National Payments System. KEPSS/RTGS; Automated Clearing House. Cheques & EFTs; DFCC; Payment Cards. Number of ATMs, ATM Cards, & POS Machines; ... Central Bank of Kenya. Haile Selassie Avenue P.O Box 60000 - 00200 Nairobi, Kenya +254 20 286 0000 +254 20 286 1000 +254 20 286 3000 +254 709 081 000

The Central Bank of Kenya is a public institution established under Article 231 of the Constitution of Kenya, 2010. The Bank is responsible for formulating monetary policy to achieve and maintain price stability and issuing currency.

The mandate of the Bank is to formulate and implement monetary policy that promotes price stability, fosters liquidity, solvency and stability of the banking sector, issue currency notes and coins, and provide banking services to the Government, commercial banks …

Monetary policy consists of decisions and actions taken by the Central Bank to ensure that the supply of money in the economy is consistent with growth and price objectives set by the government. The objective of monetary policy is to maintain price stability in the economy.

The Central Bank places a particular focus on advanced and efficient payment systems, including the Kenya Electronic Payment and Settlement System (KEPSS), which allows for secure payments within the country, and the East African Payment System (EAPS) and Regional Payment and Settlement System (REPSS), which make it easier for investors to ...

The exchange rate published by the Central Bank of Kenya is meant to help those exchanging currencies gauge the value of the shilling on any given day. The exchange rate is calculated as the weighted average rate of the registered spot trades in the interbank foreign exchange market during the trading session within the trading platforms.

The Board of Directors of the Central Bank of Kenya is responsible for: (a) Determining the policy of the Bank, other than the formulation of monetary policy. (b) Determining the objectives of the Bank, including oversight for its financial management and strategy.

Central Bank Rate Section 36 (4) of the Central Bank of Kenya Act stipulates that the Central Bank shall publish the lowest rate of interest it charges on loans to banks and that rate shall be known as the Central Bank Rate (CBR).