Regulatory Alerts2017-05-30 | 1305025183Banking Circular No 1 of 2017 - Central Bank Rate
The Central Bank of Kenya's Monetary Policy Committee decided to maintain the Central Bank Rate at 10.00%, with the Central Bank Window Rate staying at 16.00%. This decision was communicated to all commercial bank executives via a banking circular on January 31, 2017.
BANKI KUU YA KENYA Haile Selassie Ave P. O. Box 60000 - 00200 Nairobi, Kenya Telephone: 2860000, Fax: 340192 January 31, 2017 BANKING CIRCULAR No. 1 OF 2017 TO: ALL CHIEF EXECUTIVES OF COMMERCIAL BANKS
Central Bank Rate (Cbr)
The Monetary Policy Committee (MPC) of the Central Bank of Kenya at its meeting held on January 30, 2017 retained the CBR at 10.00 per cent.
The Central Bank Window Rate will therefore remain at 16.00 per cent.
Mwenda K. Marete Ag. DIRECTOR BANKING SERVICES, NPS & RISK MANAGEMENT DEPARTMENT