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      • Central Bank Of Kenya 2023 Internship Programme for Graduate Kenyans

      • In line with the Central Bank’s mandate of maintaining stability and fostering a stable financial system, the Bank launched a CBK Internship Program (CBKIP) that seeks to develop a pool of young talent adequately exposed to central and commercial banking operations. After the planned six (6) m
      • Central Bank of Kenya (CBK) 2022 Internship Program

      • In line with its mandate of maintaining stability and fostering a stable financial system, the Central Bank of Kenya has been running an Internship Program that seeks to develop a pool of young talent adequately exposed to central and commercial banking operations. The Internship Program takes six (
      • Central Bank of Kenya ?2021 Internship Programme for Graduate Kenyans

      • The Central Bank of Kenya invites applications for its six months’ internship program. Opportunities are currently available in the following functions; Finance, Research and Economics, Strategic Management, Communications and Legal Services.  In line with the Central Bank’s mand
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The Central Bank of Kenya was established by an Act of Parliament of March 24, 1966 and opened its doors to the public on September 14, 1966. The Bank is now anchored in the Constitution under Article 231. The mandate of the Bank is to formulate and implement monetary policy that promotes price stability, fosters liquidity, solvency and stability of the banking sector, issue currency notes and coins, and provide banking services to the Government, commercial banks and other financial institutions.

Prior to establishment of Kenya’s central bank, the East African Currency Board (EACB) undertook the role of currency issuance in the entire East African region throughout the colonial period to independence. Prior to Kenya’s independence in 1963, the East African Currency Board (EACB) published a report advising the three countries of Kenya, Uganda and Tanganyika to establish an East African Central Bank to act as the banker to governments — the bank was to provide banking services for the commercial banks, to smoothen financial fluctuations, and to function as an instrument of official monetary policy.

At independence, the EACB started performing some central banking functions in the absence of one. They provided credit to the government and were authorised to lend to commercial banks for crop financing. However, the board’s functions could not match those of a central bank. The concept of a single central bank began being mooted though it did not succeed. This then led to the establishment of the three East African country central banks of Tanzania, Uganda and Kenya.

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