2011-07-11 | 521823950

Banking Circular No 6 of 2011 - Guidelines on the use of CBK Discount

The Central Bank of Kenya is concerned that commercial banks are relying too heavily on the CBK Discount Window for liquidity, rather than using it as a last resort. To address this, the CBK has imposed conditions on the use of the Discount Window, including restrictions on borrowing amounts and eligibility based on interbank lending activities. These changes are intended to encourage banks to explore other avenues to meet their liquidity needs before turning to the Discount Window.

Kenya

Central Bank of Kenya

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