RegAlert2018-03-20
Added · Updated
Banking Circular No. 1 of 2018
On March 19th, 2018, the Monetary Policy Committee (MPC) of Kenya's Central Bank decided to reduce the Central Bank Rate (CBR) by 50 basis points, bringing it down from 10.00% to 9.50%. This change took effect immediately and consequently, borrowing from the Central Bank Window will be at a rate of 15.50%. The decision was made by the MPC following their meeting on that date.
Get CBK alerts — same-day email on every new publication.
BANKI
KUU YA
KENYA
Haile Selassie Avenu P.O. Box 60000 - 00200 Nairobi, Kenya Telephone: 2860000, Fax: 340192 March 19, 2018 BANKING CIRCULAR No. 1 OF 2018 TO: ALL CHIEF EXECUTIVES OF COMMERCIAL BANKS
Review Of The Central Bank Rate (Cbr)
The Monetary Policy Committee (MPC) of The Central Bank of Kenya on its meeting held on March 19, 2018 reviewed the CBR downwards by 50 basis points to 9.50 per cent from 10.00 percent. The adjusted rate takes effect immediately. Following the rate adjustment, borrowing from the Central Bank Window will be at 15.50 per cent.
Mwenda K. Marete Ag. Director, Banking Services, NPS & Risk Management Department
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Similar documents from other regulators
CBNCentral Bank of Nigeria Communique No.159 of the 302nd Meeting of Monetary Policy Committee held on Tuesday, 23rd September 2025Nigeria · 2025-09-23
BOZCB Circular No. 07/2026: Adjustment to the Policy Rate and Overnight Lending Facility RateZambia · 2026-05-13
Source: Central Bank of Kenya — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from CBK
We email you every new CBK publication the day it's published.