2012-09-06

Banking Circular No 6 of 2012 - Review of the Central Bank Rate

The Central Bank of Kenya has announced a 350 basis point decrease in the Central Bank Rate (CBR) from 16.50% to 13.00%, following the Monetary Policy Committee's review on September 5th, 2012. This change is effective immediately. Lesiit, the Director of Banking Services & Risk Management Department, has informed all Commercial Banks' Chief Executives about this revision.

Kenya

Central Bank of Kenya

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