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CENTRAL BANK OF KENYA (DIGITAL CREDIT PROVIDERS ...
(5) A licence granted under these Regulations shall remain valid unless suspended or revoked by the Bank in accordance with these regulations. (6) The Bank shall cause the name of a licensed digital credit provider to be published in the Gazette and in the Bank’s website within thirty days of grant of licence.
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PAYMENT SERVICE PROVIDERS (PSPs) AUTHORIZATION …
www.centralbank.go.kea) A copy of the trust deed. b) Minimum contents of the trust deed in line with Section 26 (1) of the NPS Regulations 2014; c) A certified copy of the management agreement where a custodial Trust relationship exists with the mobile payment service provider; d) Details of the bank(s) where the trust fund will be held (in a local bank;
LAWS OF KENYA The Banking Act CHAPTER 488
www.centralbank.go.kethe Sacco Societies Regulatory Authority established under the SACCO Societies Act, 2008 “assigned capital” has the meaning given to it in section 7(4); No. 8 of 2009 “bank” means a company which carries on, or proposes to carry on, banking business in Kenya but does not include the Central Bank; “banking business” means
A The Impact of Interest Rate Capping on the Kenyan ...
www.centralbank.go.keThe Impact of Interest Rate Capping on the Kenyan Economy - March 2018 2 Abstract The interest capping law became operational on September 14, 2016. It was implemented following concerns raised by the public regarding the high cost of credit in Kenya, which was viewed as a hindrance to credit access by a large segment of the population.
PRUDENTIAL GUIDELINES - CBK
www.centralbank.go.kecorporate body that proposes to have a significant shareholding in the institution. 4.1.4 A certified copy of the latest audited statement of financial position and statement of comprehensive income for each of the three years ... 4.4.2 Proposed organization structure for the proposed institution showing: Proposed Board of Directors ...
RESULTS FOR RE-OPENED TEN & TWENTY-YEAR TREASURY …
www.centralbank.go.keThe specific features of the Bond(s), that is the Tenor, Amounts, Coupon rates and issue terms will be provided in the prospectus before the issue date. David Luusa Director, Financial Markets 19 January 2022 - 34,899.77 FORTHCOMING TREASURY BOND(S) ISSUE(S) FOR THE MONTH OF FEBRUARY 2022 34,899.77 26,499.23 8,400.54 1.10
Risk Management Guidelines - CBK | Central Bank of Kenya
www.centralbank.go.keand mitigation of the risks posed by its lending, investing, trading, securitisation, off balance sheet, fiduciary and other significant activities at the business line and firm-wide levels; Ensure that the economic substance of a bank’s risk exposures are fully recognised and incorporated into the bank’s risk management systems;
CENTRAL BANK OF KENYA
www.centralbank.go.keCentral Bank of Bahamas to provide a digital alternative to tackle the problems of physical cash distribution over geographically dispersed rural island communities. ☐ Eastern Caribbean’s DCash: The Eastern Caribbean Central Bank (ECCB) issued DCash as a pilot to banks and approved non-bank financial institutions on a private permissioned
RESULTS FOR TREASURY BONDS TAP SALE ISSUE NOs.
www.centralbank.go.keresults for treasury bonds tap sale issue nos. fxd1/2021/5, fxd1/2020/15 & fxd1/2021/25 dated 21/03/2022 fxd1/2021/5 fxd1/2020/15 fxd1/2021/25 totals
PRESS RELEASE REGULATORY ACTION AGAINST ECOBANK …
www.centralbank.go.kePRESS RELEASE . REGULATORY ACTION AGAINST ECOBANK KENYA LIMITED. The Central Bank of Kenya (CBK) has taken regulatory action against Ecobank Kenya Limited (Ecobank) for unsafe trading practices and breaches to the Prudential Guidelines on Foreign Exchange Exposure Limits in March 2022.In investigating Ecobank’s trading
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