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ICPAK directive to boost banks’ cash position
Institute of Certified Public Accountants of Kenya (ICPAK) CEO Dr Grace Kamau speaking during a courtesy call meeting with Nation Media Group Chief Executive Officer and Managing Director Geoffrey Odundo at the CPA Centre, Thika Road on January 14, 2026.
Commercial banks are set to report improved cash positions following instruction to include regulatory reserves in their reporting figures.
Banks had been accounting for cash set aside to meet regulatory requirements differently, forcing the accounting body to issue guidance in consultations with the Central Bank of Kenya.
