Regulatory Alerts2017-05-30
Banking Circular No 1 of 2017 - Central Bank Rate
The Monetary Policy Committee of the Central Bank of Kenya has maintained the Central Bank Rate at 10% following their meeting on January 30, 2017. Consequently, the Central Bank Window Rate remains at 16%. This decision is communicated to all Chief Executives of commercial banks by Mwenda K. Marete, Ag. Director of Banking Services and Risk Management Department.
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