LogoRegulatory Alerts
2016-10-25 | 1295053981

Added · Updated

Banking Circular No 7 of 2008 - Revision of the CRR and the CBR

The Central Bank of Kenya has revised the Cash Reserve Requirement (CRR) from 6% to 5% and the Central Bank Rate (CBR) from 9% to 8.5%, effective immediately as of December 1st, 2008. This decision was made by the Monetary Policy Committee (MPC) and communicated to all commercial banks through a banking circular.

Central Bank of Kenya logo

Kenya

Central Bank of Kenya

Click to view full text

More like this from CBK

We email you every new CBK publication the day it's published.

Topics
monetary
capital
Share