Central Bank of Kenya (CBK) has noted a growing trend in the use of Kenya Shilling banknotes for decorative and celebratory purposes, including the preparation of cash flower bouquets, ornamental displays, and similar arrangements. In a statement, CBK said in many instances, banknotes are folded, rolled, glued, taped, stapled, pinned, or otherwise affixed using adhesives
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
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