CBK withholds Treasury dividends first time in 7 years

The Central Bank Of Kenya.

Photo credit: File | Nation

The Central Bank of Kenya (CBK) has withheld dividends to the Treasury for the first time in seven years despite declaring a surplus of Sh65.8 billion, hurting State revenues.

The banking regulator retained profits in the race to increase capital to Sh100 billion ahead of 2027, up from Sh60 billion.

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