RegAlertRule · CBK · 21 Oct 2016 · 400377500
Banking Circular No 5 of 2015 - Review of Central Bank Rate (CBR)
The Central Bank of Kenya raised the Central Bank Rate by 150 basis points to 10.00% during a Monetary Policy Committee meeting on June 9, 2015. The new rate took effect immediately, and borrowing from the Central Bank Window will be at 16%. This announcement was communicated to all chief executives of commercial banks in Kenya.
KENYA
BANK OF
KENY
June 9, 2015 Haile Selassie Avent P.O. Box 60000-00200 Nairobi, Kenya Telephone: 2860000, Fax: 3401 BANKING CIRCULAR NO. 5 OF 2015 TO: ALL CHIEF EXECUTIVES OF COMMERCIAL BANKS REVIEW OF CENTRAL BANK RATE (CBR) The Monetary Policy Committee (MPC) of the Central Bank of Kenya at its meeting held on 9th June, 2015 reviewed the CBR upwards by 150 basis points to 10.00 per cent. The adjusted rate takes effect immediately.
Following the rate adjustment, borrowing from the Central Bank Window will be at 16 per cent.
RECTOR, BANKING SERVICES, NPS & RISK MANAGEMENT EPARTMENT
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
BOZCB Circular No. 03 of 2023: Adjustment to the Policy Rate and Overnight Lending Facility RateZambia · 2023-02-15
BFMINSTRUCTION No. 003-CR/04 of June 2, 2004 on the Central Bank's Policy RateMadagascar · 2004-06-02
CBNPersonal Statements of MPC Members for November 2024Nigeria · 2025-02-04
More like this from CBK
We email you every new CBK publication the day it's published.
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
In RegAlert: added · updated