2018-12-13

Banking Circular No 9 of 2018

The Central Bank of Kenya has announced the release of new generation coins through a Gazette notice and their official launch by the President. These new coins will circulate alongside previously issued ones. Commercial banks have been urged to familiarize their staff with the features of these new generation coins, as they are now legal tender for transactions. Banks can place orders using existing mechanisms, and public awareness materials on the new coins will be distributed through various outlets. The distribution of the new coins is currently limited to KES 50 and a maximum of KES 100 equivalent per customer due to the ongoing public awareness campaign.

Kenya

Central Bank of Kenya

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