Regulatory Alerts2018-03-20 | 824456373Added · Updated
Banking Circular No. 1 of 2018 - Review of the Central Bank Rate
The Central Bank of Kenya lowered its Central Bank Rate by 50 basis points to 9.50% from 10.00% effective immediately, with borrowing from the Central Bank Window now at 15.50%. This decision was made by the Monetary Policy Committee during their meeting on March 19, 2018, and communicated to all chief executives of commercial banks through a banking circular.
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