CBK hosts African central banks meeting in Nairobi as it marks 60th anniversary
The Central Bank of Kenya (CBK) is hosting the 2026 Annual Meetings of the Association of African Central Banks (AACB) in Nairobi as it marks 60 years of service to the country. In a statement shared on X on Monday, September 14, 2026, CBK said the bank was marking six decades of service, with Board […]
The Central Bank of Kenya (CBK) hosted the 2026 Annual Meetings of the Association of African Central Banks (AACB) in Nairobi, coinciding with the bank's 60th anniversary. Coinciding with the AACB meetings, CBK also held an AI Conference, attracting central banking officials from across Africa to discuss monetary policy, financial stability, and other issues affecting the continent.
CBK Board Chairman Andrew Musangi, Governor Kamau Thugge, and Deputy Governor Gerald Nyaoma participated in the cake-cutting ceremony, commemorating the bank's 60 years of service to Kenya. The anniversary also marked changes to strengthen regulation of Kenya's banking sector, with CBK implementing new rules to classify some lenders as Domestic Systemically Important Banks (D-SIBs).
These new regulations would impose additional capital requirements to ensure these banks' ability to absorb losses. The public consultation on the proposed framework concluded on November 7, 2026, and could impact lending rates and access to credit for borrowers and investors.
Written by urgent.news from People Daily Kenya's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
