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Central Bank of Kenya

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In October 2023, while responding to questions from a parliamentary committee on finance and national planning, CBK Governor Dr. Thugge said the decline in international reserves was caused by an overvaluation of the shilling against the dollar. This was against the backdrop of a gradual reduction in
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The bank’s executive management team comprises the governor, deputy governors and heads of departments. The governor assumes the role of Chief Executive Officer of the bank and is therefore responsible for its overall management. The governor is also the bank’s official spokesperson.
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which put the overvaluation of the shilling in the range of 20-25%. According to the Governor, the attempt to artificially maintain a strong exchange rate came at the cost of losing vital international reserves.
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that allows the CBK to cap interest rates and to revoke the licenses of digital lenders that breach the Data Protection Act or the Consumer Protection Act.
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program to help financially distressed borrowers. The restructuring program was in place from March 2020 to March 2021.
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import cover from 5.5 months to 3.7 months. Thugge cited data from the IMF &
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The current deputy governor is Dr. Susan Koech. Former deputy governors include:
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Jacinta Wanjala Mwatela (2004–2008), acting Governor 2006–2007
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Lamu Port and Lamu-Southern Sudan-Ethiopia Transport Corridor
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Rural Electrification and Renewable Energy Corporation
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CBK was founded by in 1966 after the dissolution of 486: 2042:Information and Communication Technology Authority 565:"Kamau Thugge takes over as Central Bank Governor" 544:"The Organisation and Structure of Central Banks" 3977: 3936:(dependent) territories, former countries, or 375:The current board of directors is as follows: 2944: 2279: 1992: 1506: 966: 751: 379:Andrew Mukite Musangi – Chairman of the Board 2958: 1480:Structured Financial Messaging System (SFMS) 858:"Shilling depreciation will boost exporters" 727: 703: 679: 655: 631: 607: 382:Principal Secretary to the National Treasury 240: 2951: 2937: 2286: 2272: 1999: 1985: 1513: 1499: 973: 959: 943: 191: 38: 29: 2178:Energy and Petroleum Regulatory Authority 2068:National Environment Management Authority 537: 535: 2146:Kenya Plant Health Inspectorate Services 2058:Medical Practitioners and Dentists Board 1470:National Electronic Fund Transfer (NEFT) 551:Katalog der Deutschen Nationalbibliothek 259:The current governor of the bank is Dr. 541: 370: 320:Dr. Leon Baranski (May 1966 – May 1967) 3978: 2254:Public Procurement Oversight Authority 2198:Kenya Electricity Transmission Company 532: 2932: 2267: 1980: 1494: 954: 450: 4016:Kenyan companies established in 1966 2230:Salaries and Remuneration Commission 2193:Kenya Electricity Generating Company 2155:Transport, infrastructure and energy 2104:Sacco Societies Regulatory Authority 263:. Former governors of the bank are: 3954: 2122:Kenya Deposit Insurance Corporation 2112:Betting Control and Licensing Board 1770:Jomo Kenyatta International Airport 905: 13: 2405: 2293: 2215:Kenya Nuclear Regulatory Authority 2014:Kenya Government regulatory bodies 1564: 1556: 324: 233:, CBS is the current Governor and 14: 4027: 2165:Kenya National Highways Authority 2077:Commercial and financial services 2027:Communications Authority of Kenya 2020:Media, arts and telecommunication 1583:Kenya Economic Stimulus Programme 1475:Real Time Gross Settlement (RTGS) 930: 2235:Parliamentary Service Commission 2203:Kenya Power and Lighting Company 2008: 1522: 1254:Kenya Mortgage Refinance Company 1128:Housing Finance Company of Kenya 982: 489: 466:In 2021, legislation passed the 446:Kenya School of Monetary Studies 385:Dr. Kamau Thugge, CBS – Governor 221:. Its head office is located in 3948: 3938:states with limited recognition 2175:Water Services Regulatory Board 2161:National Construction Authority 2126:Policyholders Compensation Fund 2037:Kenya Film Classification Board 1222:Financial services organization 899: 874: 850: 825: 800: 775: 763:. 16 October 1984. p. 1482 715:. 26 October 1986. p. 1398 505:List of central banks of Africa 351:Thomas Nzioki Kibua (1993–2001) 342:Dr. Hezron Nyangito (2008–2011) 217:) is the monetary authority of 2208:Geothermal Development Company 2185:Kenya Civil Aviation Authority 2108:Competition Authority of Kenya 2084:Insurance Regulatory Authority 1445:Automated Teller Machine (ATM) 643:. 17 August 2001. p. 1832 582: 557: 401: 311:(December 1982 – January 1988) 267:Kamau Thugge June 2023 to Date 1: 3957:"Central Bank of Kenya (CBK)" 2134:Manufacturing and agriculture 2089:Retirement Benefits Authority 1391:Kenya Women Microfinance Bank 1088:East African Development Bank 691:. 10 January 1992. p. 22 525: 348:Edward C. Sambili (2001–2004) 245: 4001:Government agencies of Kenya 1424:United Nations Sacco Society 413:Banking and Payment Services 354:Wanjohi Muriithi (1991–1993) 339:Dr. Haron Sirima (2011–2015) 44:CBK's head office in Nairobi 7: 2780:Water supply and sanitation 2245:Teachers Service Commission 2240:Judicial Service Commission 2172:Kenya Rural Roads Authority 2169:Kenya Urban Roads Authority 2051:Environment and health care 1839:Nairobi Securities Exchange 1033:African Banking Corporation 739:. 7 January 1983. p. 2 667:. 4 July 1997. p. 1184 619:. 27 May 2005. p. 1162 482: 366:Ahmed Abdallah (1967–1984) 254: 227:East African Currency Board 171:East African Currency Board 16:Monetary authority of Kenya 10: 4032: 2117:Kenya Trade Network Agency 2063:Pharmacy and Poisons Board 1690:Kenya Railways Corporation 1554: 1455:De-Materialisation (DEMAT) 1063:Consolidated Bank of Kenya 357:Eliphaz Riungu (1988–1991) 317:(May 1967 – December 1982) 305:(January 1988 – July 1993) 4011:Banks established in 1966 3926: 3858: 3807: 3702: 3436: 3192: 2964: 2890: 2793: 2715: 2706: 2646: 2637: 2529: 2520: 2493: 2425: 2416: 2403: 2305: 2250:Public Service Commission 2222: 2154: 2141:Kenya Bureau of Standards 2133: 2099:Capital Markets Authority 2076: 2050: 2019: 1948: 1900: 1869: 1831: 1778: 1734: 1698: 1652: 1601: 1575: 1535: 1437: 1404: 1373:Microfinance Institutions 1371: 1323:Commercial Bank of Africa 1308: 1267: 1221: 1078:Development Bank of Kenya 1068:Cooperative Bank of Kenya 1013: 995: 397:Samson Cherutich – member 293:(April 2001 – March 2003) 287:(March 2003 – March 2007) 280:(March 2007 – March 2015) 176: 166: 158: 142: 133:Central bank of 132: 122: 111: 88: 49: 37: 28: 3742:Curaçao and Sint Maarten 2959:Central banks by country 2372:1982 coup d'état attempt 2330:East Africa Protectorate 2325:Indian Ocean slave trade 2223:Public sector management 2189:Kenya Maritime Authority 1465:Foreign Exchange (FOREX) 1381:Choice Microfinance Bank 1213:Victoria Commercial Bank 1203:Standard Chartered Kenya 1168:Paramount Universal Bank 299:(July 1993 – April 2001) 241:Organizational structure 237:is the Deputy Governor. 1665:Kenya Revenue Authority 459:, the CBK instituted a 440:Internal Audit and Risk 388:Nelius Kariuki – member 273:(June 2015 – June 2023) 92:24 March 1966 3486:Bosnia and Herzegovina 2972:Central African States 2410: 1877:East African Community 1721:East African Breweries 1699:Companies and counties 1569: 1562: 1419:Mwalimu National Sacco 1414:Imarisha Sacco Society 1396:SMEP Microfinance Bank 1208:United Bank for Africa 1158:National Bank of Kenya 1148:Middle East Bank Kenya 431:Information Technology 391:Rachel Dzombo – member 214: 162:US$ 7.510 million 3122:São Tomé and Príncipe 2409: 2094:Central Bank of Kenya 2032:Kenya Film Commission 1680:Kenya Ports Authority 1602:Industry and business 1568: 1560: 1548:Central Bank of Kenya 1543:Kenyan shilling (KES) 1358:Imperial Bank Limited 1234:Equity Group Holdings 1143:Kenya Commercial Bank 1005:Central Bank of Kenya 542:Weidner, Jan (2017). 515:List of central banks 425:Branch Administration 394:Ravi Ruparel – member 203:Central Bank of Kenya 73:1.28988°S 36.824922°E 20:Central Bank of Kenya 2485:World Heritage Sites 2445:Environmental issues 1348:Giro Commercial Bank 1138:Kingdom Bank Limited 1123:Habib Bank AG Zurich 783:"Board of Directors" 428:Strategic Management 371:Members of the board 361:Eric Cheruiyot Kotut 303:Eric Cheruiyot Kotut 3794:Trinidad and Tobago 2977:West African States 2357:Kenya African Union 1832:Finance and banking 1653:Government agencies 1614:Automotive industry 1108:Guaranty Trust Bank 422:Currency Operations 78:-1.28988; 36.824922 69: /  25: 3955:Nyagaka, Vincent. 3759:Dominican Republic 2684:Telecommunications 2430:Biosphere reserves 2411: 2377:Goldenberg scandal 1738:and Infrastructure 1570: 1563: 1460:Financial services 1325:(Formerly part of 1083:Diamond Trust Bank 590:"Former Governors" 461:loan restructuring 451:History and powers 215:Banki Kuu ya Kenya 106:(public operation) 104:14 September 1966 23:Banki Kuu ya Kenya 19: 3944: 3943: 3747:Eastern Caribbean 2926: 2925: 2886: 2885: 2750:Human trafficking 2702: 2701: 2633: 2632: 2598:Political parties 2544:Foreign relations 2516: 2515: 2450:Great Rift Valley 2367:1963 Constitution 2362:Mau Mau rebellion 2261: 2260: 1974: 1973: 1961:Konza Technopolis 1956:Kenya Vision 2030 1488: 1487: 1118:Gulf African Bank 1058:Citibank NA Kenya 1028:Access Bank Kenya 839:. 25 October 2021 468:National Assembly 457:COVID-19 pandemic 416:Financial Markets 407:Governor's Office 334:Sheila M'Mbijjewe 199: 198: 4023: 3991:Economy of Kenya 3971: 3970: 3968: 3967: 3952: 3830:Papua New Guinea 2953: 2946: 2939: 2930: 2929: 2906: 2899: 2713: 2712: 2679: 2644: 2643: 2624: 2615:Deputy President 2527: 2526: 2423: 2422: 2387:2007–2008 crisis 2288: 2281: 2274: 2265: 2264: 2181:Kenya Road Board 2013: 2012: 2001: 1994: 1987: 1978: 1977: 1930:Renewable energy 1910:Geothermal power 1844:Traded companies 1808:Submarine cables 1588:History of trade 1529:Economy of Kenya 1527: 1526: 1525: 1515: 1508: 1501: 1492: 1491: 1333:Dubai Bank Kenya 1244:I&M Holdings 987: 986: 975: 968: 961: 952: 951: 947: 942: 941: 939:Official website 922: 921: 919: 918: 903: 897: 896: 894: 893: 878: 872: 871: 869: 868: 854: 848: 847: 845: 844: 829: 823: 822: 820: 819: 804: 798: 797: 795: 794: 785:. 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Kenya 1185: 1180: 1175: 1170: 1165: 1160: 1155: 1150: 1145: 1140: 1135: 1130: 1125: 1120: 1115: 1110: 1105: 1100: 1095: 1090: 1085: 1080: 1075: 1070: 1065: 1060: 1055: 1050: 1045: 1043:Bank of Baroda 1040: 1038:Bank of Africa 1035: 1030: 1025: 1019: 1017: 1011: 1010: 1008: 1007: 1001: 999: 993: 992: 989:Banks of Kenya 978: 977: 970: 963: 955: 949: 948: 932: 931:External links 929: 924: 923: 898: 873: 849: 824: 799: 774: 750: 726: 702: 678: 654: 630: 606: 581: 556: 530: 529: 527: 524: 523: 522: 517: 512: 507: 501: 500: 484: 481: 452: 449: 448: 447: 444: 441: 438: 435: 432: 429: 426: 423: 420: 417: 414: 411: 408: 403: 400: 399: 398: 395: 392: 389: 386: 383: 380: 372: 369: 368: 367: 364: 358: 355: 352: 349: 346: 343: 340: 337: 326: 323: 322: 321: 318: 312: 306: 300: 297:Micah Cheserem 294: 288: 281: 274: 268: 256: 253: 247: 244: 242: 239: 197: 196: 178: 174: 173: 168: 164: 163: 160: 156: 155: 144: 140: 139: 134: 130: 129: 124: 120: 119: 113: 109: 108: 90: 86: 85: 53: 47: 46: 43: 35: 34: 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Retrieved 571:. 2023-06-19 568: 559: 550: 497:Banks portal 472: 465: 454: 374: 328: 261:Kamau Thugge 258: 249: 231:Kamau Thugge 229:(EACB). 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the 112:Ownership 61:1°17′24″S 3908:Suriname 3898:Paraguay 3883:Colombia 3774:Honduras 3727:Bermuda 3722:Barbados 3669:Slovenia 3664:Slovakia 3635:Portugal 3551:Hungaria 3491:Bulgaria 3471:Austrian 3450:Abkhazia 3398:Thailand 3344:Pakistan 3324:Mongolia 3319:Maldives 3314:Malaysia 3225:Cambodia 3184:Zimbabwe 3164:Tanzania 3037:Ethiopia 3032:Eswatini 3017:Djibouti 2992:Botswana 2913:Category 2770:Religion 2760:Polygamy 2591:Building 2581:Military 2559:Intersex 2522:Politics 2508:Counties 2480:Wildlife 2315:Timeline 2299:articles 1745:Airports 1726:Counties 1536:Currency 1239:HF Group 862:The Star 483:See also 419:Research 255:Governor 159:Reserves 152:ISO 4217 143:Currency 123:Governor 4006:Nairobi 3930:italics 3913:Uruguay 3888:Ecuador 3861:America 3850:Vanuatu 3808:Oceania 3779:Jamaica 3705:America 3694:Ukraine 3640:Romania 3598:Moldova 3561:Ireland 3556:Iceland 3541:Georgia 3531:Finland 3526:Estonia 3521:England 3516:Germany 3511:Denmark 3496:Croatia 3481:Belgium 3476:Belarus 3461:Armenia 3456:Albania 3423:Vietnam 3329:Myanmar 3302:Lebanon 3205:Bahrain 3169:Tunisia 3137:Somalia 3112:Nigeria 3107:Namibia 3097:Morocco 3067:Liberia 3062:Lesotho 3027:Eritrea 3007:Comoros 2997:Burundi 2982:Algeria 2897:Outline 2873:Swahili 2848:Museums 2818:English 2795:Culture 2708:Society 2689:Tourism 2639:Economy 2435:Climate 2307:History 1920:Nuclear 1887:CEN-SAD 1755:Railway 1644:Tourism 1576:History 1429:Unaitas 1300:Nedbank 812:Reuters 434:Finance 223:Nairobi 211:Swahili 177:Website 101:(legal) 94: ( 3893:Guyana 3873:Brazil 3784:Mexico 3732:Canada 3689:Turkey 3679:Sweden 3659:Serbia 3645:Russia 3630:Poland 3613:Norway 3578:Latvia 3572:Kosovo 3546:Greece 3536:France 3501:Cyprus 3437:Europe 3387:Taiwan 3297:Kuwait 3272:Jordan 3262:Israel 3220:Brunei 3215:Bhutan 3179:Zambia 3174:Uganda 3117:Rwanda 3082:Malawi 3052:Guinea 3042:Gambia 2987:Angola 2965:Africa 2918:Portal 2863:Sports 2808:Cinema 2803:Anthem 2745:Health 2666:Energy 2661:Coffee 2503:Cities 2470:Rivers 2297:  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Index


CBK's head office in Nairobi
Coordinates
1°17′24″S 36°49′30″E / 1.28988°S 36.824922°E / -1.28988; 36.824922
state ownership
Kamau Thugge
Kenya
Kenyan shilling
ISO 4217
East African Currency Board
www.centralbank.go.ke
Edit this at Wikidata
Swahili
Kenya
Nairobi
East African Currency Board
Kamau Thugge
Dr. Susan Koech
Kamau Thugge
Patrick Njoroge
Njuguna Ndung'u
Andrew Mullei
Nahashon Nyagah
Micah Cheserem
Eric Cheruiyot Kotut
Philip Ndegwa
Duncan Ndegwa
Sheila M'Mbijjewe
Eric Cheruiyot Kotut
COVID-19 pandemic

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