"central bank of kenya" · 25 posts · 25 stories · 0 entities
Banks are daily exposed to fraud as they run their businesses. The Central Bank of Kenya (CBK) with the help of the Criminal Investigations Department (CID) established the Banking Fraud Investigation Department (BFID) which is now mandated to help banks Deter Fraud and advice on the best ways to help fight this white
Whistleblower continued ... The entity Choice microfinance bank Ltd is a public LTD COMPANY and a bank in Kenya. It was started by Kenyans living in the diaspora. However, it has been used as a conduit of stealing money from Kenyans abroad by Bernard Kamiri, Mburu Mungai, Simon Gachuniawho forcefully awarded himself
Money Laundering Bank ABC The African Banking Corporation has for the last two weeks been lobbying the Central Bank Of Kenya supervision department as the lender seeks to stop their troubles that the Kenyan media has refused to highlight. This site had reported that the African Banking Corporation (ABC) Limited has b
The Central Bank of Kenya (CBK) has executed a major policy intervention to reduce the cost of digital transactions. Therefore, effectively proposing and then enforcing a significant reduction. And in some cases, by nearly half or more on fees charged by mobile money platforms. Including the dominant M-Pesa and its m
The man who warned Kenya agaisnt Dubai Bank, but whose dossier was ignored by former central bank of Kenya Governor Prof Njuguna Ndung’u, until Dubai Bank was weeks ago declared bunkrupt, is again sending warning against one of Kenya’s household Banks -Equity. According to Billionare Jacob Juma, Equity Bank is a finan
Some local companies of the Sh240 billion Tatu City in Kiambu county have withdrawn all suits against international shareholders. The case left former Central Bank of Kenya governor Nahashon Nyagah and Bidco chief executive Vimal Shah as the only people against the project. Tatu City and Kofinaf Company, who were th
Central Bank of Kenya (CBK) has in a shock move slapped a moratorium on licensing new commercial banks throwing off balance the entry of Dubai Islamic Bank and the planned conversion of Unaitas Sacco. Dubai Islamic Bank (DIB) had received an approval “in principle” while awaiting the full licence. Staff hired by the Gu
Kenyans require that Rotich provide the following information: 1. A comprehensive brief on the Eurobond process, including the exact amount of money that was raised; 2. Bank statements for all bank transactions providing evidence that the Central Bank of Kenya actually received the Eurobond; 3. Bank statements for
Caption : Sacked National Bank of Kenya CEO Munir Ahmed. Munir and Company Looted National bank but they are walking free . Munir's cartels are still in control of National Bank of Kenya as CBK watches, issuing empty threats. Central Bank of Kenya (CBK) and Capital Markets Authority (CMA) stood by and watched as Imperi
Caption: CBK Deputy Governor Sheila M'Mbijiwe makes a debut on this community site The Central Bank Of Kenya's name has now become synonymous with Corruption, Cover-Ups, Culture of Impunity and Mega-Scandals that have shocked this great nation. It is sickening that Central Bank Of Kenya ( CBK ) Governor is being probe
Caption: Frank Ireri still at the Helm of Housing Finance even after Contravening Central Bank of Kenya Regulations. The real Boss! Long after the dust has settled, the man who will be counting his losses will be none other than Frank Ireri. As the old saying goes, “if you sleep with dogs, you’re going to get fleas” wh
Caption: Besieged Frank Ireri who is consistently Looting Housing Finance. Central Bank of Kenya is silent on the matter Frank Ireri is a man under siege after a Kenyan Blog exposed his daughter's expensive Lifestyle and connecting it to the consistent looting of the Housing Finance Group. Social Media has become a fo
Caption: CBK Governor Patrick Njoroge who spends most of his time reciting Opus Dei Verses and applying makeup instead of fighting fraud in the banking industry. Central Bank Of Kenya Governor is a man under siege as his favoritism toward Housing Finance's Frank Ireri stands out like a sore thumb. In the beginning of
Caption: CBK Governor Patrick Njoroge who is now Under Investigation for benefitting illegally and covering up for the National Youth service Saga. The Opus Dei, who prefers applying make-up to executing his mandate has refused to probe housing Finance Sagas because Frank Ireri is his Friend. Central Bank Of Kenya Gove
Caption: Opus Dei Patrick Njoroge Colluded With IBM, Lucy Njoroge of XRX to edge out other tender competitors unfairly. Activist Okiya Okoiti Omtata has written to CBK governor Opus Dei Patrick Njoroge demanding for answers on the award of a tender to the highest bidder. The Central Bank of Kenya (CBK) has been criti
Overrated CBK Governor Patrick Njoroge The Central Bank Of Kenya governor is under the spotlight for sleeping on his Job despite many complaints about the Okash Loan App that has been violating users privacy exposing the lender that says they will crack down on some of these rogue apps with one hand while the other ben
Atheists In Kenya President Harrison Mumia Atheists In Kenya President Harrison Mumia has faced the sack after his employer, the Central Bank of Kenya, relived him of his duties over tweets he made in February last year. According to the institution's acting HR, Terry Ng'ang'a, Mr Harrison Mumia made controversial pol
Diamond trust bank CEO Naseem Devji. Diamond trust bank has come under the director of public prosecutions' magnifying glass as one of the main banks in the country that fail to comply with the central bank of Kenya’s prudential guidelines on moving money. A furious Noordin Haji described the money laundering bank as
Choice Microfinance Bank is going under due to fraud and deep rot that has seen it lose billions. For the last few days, the editor of this site has received several emails and WhatsApp communication from panicked customers who are unable to access their monies. The central bank of Kenya has remained silent despite b
Mama Ngina calls other people's possessions 'dirt' The Kenyatta family owns more land than any other family in Kenya. They are the richest owing to grabbing land by the Late motherfucker Jomo Kenyatta. This is the guy who could literary walk into the Central Bank Of Kenya and grab money in bags as if it is his piggy ba
A confidential exchange on August 4, between the Central Bank of Kenya and the United States Government with the subject: Bank Fraud & Money Laundering in the East African names ABC as a Kenyan bank that should be investigated for money laundering. It also states that ABC is used by a "notorious" gun runner, Victor Bu
We have an internal memo (CBK/GOV/23/09/2018) dated September 21 2018, from Mr Gerald A. Nyaoma of the Central Bank of Kenya to Dr Njoroge, Dr Haron Sirima and Sheila M’Mbijjewe, claiming that the Supervision Department team had completed its investigations into the serious allegations that link the African Banking Cor
Then Education CS Fred Matiang’i and Kiambu Primary School Std 1 pupils The Central Bank of Kenya (CBK) released new banknotes on Madaraka day a few days ago. Most Kenyans who respect the constitution felt that the inclusion of Kenyatta International Convention Centre (KICC) was a violation of the 'no potraits' on th
This is the story of corruption by one old camel Sheila M’Mbijjewe, the deputy Governor of Central Bank of Kenya (CBK) The CBK deputy governor Sheila M’Mbijjewe attained the mandatory retirement age of 60 years in March 2018, however, one year later the corrupt mama's boy President Uhuru Kenyatta chose to reappoint he
Bank of Tanzania headquarters in Dar es Salaam The Bank of Tanzania (equivalent to our Central Bank of Kenya) has frozen exchange of Kenyan bank notes with immediate effect. Through a letter addressed to all financial institutions on Friday, 7th June, 2019, the bank states that, '... with a view to combat illicit fin
The Central Bank of Kenya (CBK) has executed a major policy intervention to reduce the cost of digital transactions. Therefore, effectively proposing and then enforcing a significant reducti...
On May 26th, 2022, President Uhuru Kenyatta presided over the opening of the new Central Bank of Kenya (CBK) Pension Towers in Nairobi's Central Business District. The President described th...
On March 21, 2022, the Central Bank of Kenya (CBK) published the Central Bank of Kenya (Digital Credit Providers) Regulations, 2022, to regulate digital lending service providers. The regula...
The Central Bank of Kenya (CBK) has removed restrictions on loan cost caps, signaling a shift toward higher interest rates for borrowers. Equity Bank became the first institution to secure a...
On November 29, 2021, the Central Bank of Kenya (CBK) will convene its next Monetary Policy Committee (MPC) meeting, a crucial event in the country's economic landscape. The meeting comes at...
...Justice Janet Mulwa issued a High Court ruling that barred the Central Bank of Kenya (CBK) from interfering with the operations of Our Open Market Ltd, the software firm behind Tangaza's pay...
The Central Bank of Kenya (CBK) has terminated the operating license of Mobile Pay Limited (MPL), the entity behind the Tangaza payments service, following persistent regulatory breaches. Th...
The Central Bank of Kenya (CBK) has terminated the operating license of Mobile Pay Limited (MPL), the provider behind the mobile money service Tangaza, following repeated violations of regul...
The Auditor-General's report highlighted the Central Bank of Kenya's (CBK) delays in dissolving the Kenya School of Monetary Studies (KSMS). The KSMS has been without a functional Board of D...
The Central Bank of Kenya has initiated steps to close Spire Bank amid persistent financial instability, following years of declining performance after its 2016 acquisition by Mwalimu Nation...
The Central Bank of Kenya (CBK) has authorized the liquidation of Charterhouse Bank (CHB) Limited, naming the Kenya Deposit Insurance Corporation (KDIC) as the appointed liquidator. This dec...
On August 5, 2020, the Central Bank of Kenya took a significant step towards regulating the digital mobile space by introducing controls on charges and fees on digital lending. The proposed...
...irobi MCAs and staff have gone without salaries, prompting the Central Bank of Kenya to face scrutiny. The Central Bank of Kenya has come under the spotlight after Nairobi Members of County...
On June 4th, 2020, the Central Bank of Kenya re-opened bids for a five-year and a 10-year Treasury Bond worth KSh 40 Billion, proceeds that will be used for budgetary support. The bond sale...
The Central Bank of Kenya (CBK) and the Monetary Authority of Singapore (MAS) have postponed the Afro-Asia Fintech Festival from its original dates of July 13-14, 2020, to July 2021, citing...
On May 22, 2020, the Central Bank of Kenya (CBK) took a significant step by dissolving its principal training facility, the Kenya School of Monetary Studies Limited. The decision was made pu...
On March 23rd, 2020, the Monetary Policy Committee of the Central Bank of Kenya made a crucial decision to lower the Cash Reserve Ratio for commercial banks to 4.25% from 5.25%. This move ai...
On 1 May 2020, Commercial International Bank (CIB) completed the acquisition of a 51 percent majority stake in Mayfair Bank Limited, marking a significant milestone in the Kenyan banking sec...
The Central Bank of Kenya (CBK) has rejected International Monetary Fund (IMF) assertions that the shilling is overvalued by 17.5%, arguing its exchange rate management aligns with economic...
On November 25, 2019, the Central Bank of Kenya's Monetary Policy Committee made a crucial decision to revise downwards the benchmark lending rate by 50 basis points to 8.50 percent. This mo...
On October 23, 2019, Central Bank of Kenya (CBK) Governor Patrick Njoroge hinted that the bank could cut interest rates in November if the lending cap is lifted. CBK will be under pressure t...
As the deadline for returning old Sh1,000 bank notes draws near, the Central Bank of Kenya has made it clear that there will be no extension. Governor Patrick Njoroge stated this during the...
On September 27, 2019, the Central Bank of Kenya (CBK) announced the merger of Commercial Bank of Africa Limited (CBA) and NIC Group PLC (NIC), effective September 30, 2019. The merger was a...
...30 deadline for phasing out old KSh 1000 notes approaches, the Central Bank of Kenya has expressed concern over the sudden spike in purchase of wheat using old cash. According to a statement...
...30th deadline for exchanging old Sh1,000 notes approaches, the Central Bank of Kenya (CBK) is intensifying its efforts to prevent illicit cash laundering. According to the CBK, approximately...
