Central Bank of Kenya (CBK)

The Central Bank of Kenya is the country's monetary authority, responsible for formulating and implementing monetary policy, regulating the banking sector, and maintaining financial stability. Established in 1966, the CBK issues the Kenyan shilling, manages foreign exchange reserves, and oversees the national payments system. Kenya is a major hub for mobile money and fintech innovation in Africa, and the CBK has played a pioneering role in regulating these new services.