Tag: Central Bank of Kenya
Equity Bank has announced a reduction in loan interest rates for both new and existing borrowers following the Central Bank of Kenya’s (CBK) decision to lower the Central Bank Rate (CBR). The move comes after the Monetary Policy Committee (MPC) revised the benchmark rate downward by 25 basis points to 9.00 percent from 9.25 percent […]
The Monetary Policy Committee (MPC) has lowered the Central Bank Rate (CBR) by 25 basis points to 9.00 percent from 9.25 percent during its meeting held on December 9, 2025. CBK Governor and MPC Chairman Dr. Kamau Thugge said the Committee considered several developments and concluded that there was scope for a further easing of […]
The Central Bank of Kenya (CBK) has announced the commencement of the Virtual Assets Service Providers Act, 2025. In a notice, CBK said the Virtual Assets Service Providers Act, 2025 (Act No. 20 of 2025), which was gazetted on October 21, 2025, became effective on November 4, 2025. The Act provides the legislative framework for […]
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