Central Bank of Kenya
Government AdministrationKenya1001-5000 Employees
The Central Bank of Kenya, based in Kenya, is a government financial institution that directs monetary policy with the aim of price stability. It is responsible for promoting financial stability and ensuring an effective payment, clearing, and settlement system. The bank formulates and implements foreign exchange policies, manages foreign exchange reserves, and issues currency. In its role as banker, adviser, and fiscal agent to the government, it supports public sector operations and policy. In addition to these core duties, it engages in regulatory development and collaboration with other authorities, including efforts around virtual asset service providers and partnerships with the Capital Markets Authority and the National Treasury. Recent activity includes a memorandum with the National Bank of Rwanda to develop a licence passporting framework for payment service providers, enabling cross-border recognition and coordinated supervision.