The Central Bank of Kenya has made an announcement to the public that citizens, industry players, and consumer organizations can make their input regarding the draft of the Financial Consumer Protection Framework of Kenya. This development is crucial for ensuring regulatory control and consumer rights in Kenya’s financial sector. According to the notice made on
The Central Bank of Kenya (CBK) has officially announced the acquisition of a 100 percent shareholding in Paramount Bank Limited (PBL) by Zenith Bank PLC, a leading African financial institution headquartered in Lagos, Nigeria. The move, approved by CBK on March 9, 2026, and subsequently by the Cabinet Secretary, The National Treasury and Economic Planning on March
The Monetary Policy Committee (MPC) of the Central Bank of Kenya has retained the Central Bank Rate (CBR) at 8.75 percent following its meeting held on April 8, 2026. In a press release, the Committee said the decision aims to keep inflation expectations anchored and maintain exchange rate stability. It noted that the current policy