He wondered why CBK
could be a respondent in matter that it has been supporting all long.
Under the CBK
proposals, lenders will be required to use customer's credit scores as just one of the factors to inform decision-making process as opposed to solely relying on it to deny them loans.This story was first published by the Business Daily.
His Excellency, the Governor also pointed out that this Annual Report outlines the CBK
's efforts during FY 2014/15 to implement projects covered by the Annual Plan, noting that these projects are of an ongoing nature and relate to the core objectives of the CBK
Music consists of three creative vocalists based in Kisumu: Alex Ogolla, Allan Omondi and Stanley Otieno.
President Uhuru Kenyatta has reappointed the Central Bank of Kenya (CBK
) chairman, governor and his deputy for a second four-year term in a move seen as a vote of confidence in their leadership.Through a special Gazette notice dated May 24, Uhuru has appointed the trio --Mohammed Nyaoga (chairman), Dr Patrick Njoroge (Governor) and Ms Sheila M'Mbijjewe (deputy governor)-- to extend their reign with effect from June 18.
In a statement to the bourse, Investment Dar said that it has sold 221.421 million shares in Boubyan at KWD0.425 per share to CBK
but retained the right to buy back the stake.
Al-Hashel, the CBK
has continued its efforts to safeguard the banking sector by adopting regulatory standards that place Kuwaiti banks amongst the best Arab and world banks.
''Since we cannot come up with a reasonable analysis based on the press release, we are asking KDIC and CBK
to analyze what they have released so that the majority of our depositors who are not professional script writers or accountants have the correct information,'' Khambiye said.
Only those with bank accounts and whose banking history checks out will be allowed to exchange Sh5 million and below without having problems at the counters.EXCHANGE POINTSBesides branches of commercial banks across the country, those who want to exchange the old notes with new ones can also do so at CBK
head office on Nairobi's Haile Selassie Avenue.
For 2008, CBK
reported a 16.3 percent drop in profit to KWD100.7m.