2012-09-06 | 1549328975

Banking Circular No 6 of 2012 - Review of the Central Bank Rate

The Central Bank of Kenya has informed commercial banks that the Monetary Policy Committee has lowered the Central Bank Rate by 350 basis points from 16.50% to 13.00% effective immediately. This decision was communicated to all chief executives of commercial banks on September 6, 2012, in Banking Circular No. 6 of 2012.

Kenya

Central Bank of Kenya

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