The cost of loans is set to rise again as the Central Bank of Kenya (CBK) prepares to increase annual licensing fees by 22 times to Sh7.5 billion amid possible resistance from lenders. Draft ...

KUWAIT CITY, March 17: The Central Bank of Kuwait (CBK) has issued a circular to all local banks regarding the updated working hours for the Kuwait Automated Settlement of Payments between ...

Investors pushed back against Central Bank of Kenya (CBK) efforts to bring interest rates on government debt lower in last week’s Treasury bills and bond auctions, with an eye on the recent ...

KUWAIT CITY, March 8: The Central Bank of Kuwait (CBK) reiterated its commitment on Saturday to empowering women and enabling them to play a vital and effective role in development, as well as ...

This CBK’s push for a revenue-based approach in bank regulation will be a shift from fixed rates to a model based on gross annual revenue. The computation of banking license fees is currently ...

CBK has lowered the Central Bank Rate (CBR) by 50 basis points to 10.75% and reduced the Cash Reserve Ratio (CRR) by 100 basis points to 3.25% The Monetary Policy Committee (MPC) cited stable ...

The Monetary Policy Committee (MPC) - CBK’s organ responsible for the formulation of monetary policy - lowered the Central Bank Rate (CBR) to 8.5 per cent last November, down from nine per cent.

In an ominous sign for visual effects artists, Technicolor-owned MPC, the banner behind recent Disney films “Mufasa: The Lion King,” “The Jungle Book” and “The Lion King,” could begin ...

Barclays analyst Theresa Chen maintained a Buy rating on Marathon Petroleum (MPC – Research Report) today and set a price target of $161.00. The company’s shares closed yesterday at $137.02.

Morgan Stanley analyst Joe Laetsch maintained a Buy rating on Marathon Petroleum (MPC – Research Report) today and set a price target of $175.00. The company’s shares closed yesterday at $137.02.

CBK cautioned any rogue bank found resisting the rate cuts would be penalised. The regulator announced this after its Monetary Policy Committee (MPC) meeting on Wednesday lowered the CBR by 50 ...

The Reserve Bank of India (RBI) released the minutes of the Monetary Policy Committee (MPC) meeting on Friday, February 21, highlighting that India's repo rate reduction was an appropriate policy ...