RegAlert2011-09-15
Added · Updated
Banking Circular No 10 of 2011 - Adjustment of the Central Bank Rate
The Monetary Policy Committee adjusted the Central Bank rate from 6.25% to 7.00%, following a Special Meeting held on September 14th, 2011. This change took immediate effect and was announced by Jackson M. Kitili, Director of Banking Services, National Payments System, and Risk Management Department at the time.
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BANKI
CENTRAL
KUU YA
BANK OF
KENYA
KENYA
Haile Selassie Aven P. O. Box 60000 - 00200 Nairobi, Kenya Telephone: 2860000, Fax: 340192 15 September 2011 BANKING CIRCULAR NO. 10 OF 2011 TO: ALL CHIEF EXECUTIVES OF COMMERCIAL BANKS ADJUSTMENT OF THE CENTRAL BANK RATE The Monetary Policy Committee (MPC) at a Special Meeting held on 14th September 2011, adjusted the Central Bank rate upwards from 6.25% to 7.00%.
The change takes effect immediately.
JACKSON M. KITILI
DIRECTOR, BANKING SERVICES, NATIONAL PAYMENTS SYSTEM & RISK MANAGEMENT DEPARTMENT
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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
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