RegAlert2011-09-15 | 946812491Added · 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% on September 14, 2011, with immediate effect. This decision was communicated to all chief executives of commercial banks by the Bank of Kenya in a banking circular. The circular was issued by the Director of Banking Services, National Payments System, and Risk Management Department.
Get CBK alerts — same-day email on every new publication.
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
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
CBNCentral Bank of Nigeria Communiqu� No. 152 Of The Monetary Policy Committee Meeting Held Monday 21st May 2024.Nigeria · 2024-05-21
CBSLCentral Bank of Sri Lanka Circular No. 01 of 2023: Bank Rate AdjustmentSri Lanka · 2023-01-02
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.