Kenya central bank will offer "adequate liquidity" after Imperial Bank case - CNBC Africa

Kenya central bank will offer "adequate liquidity" after Imperial Bank case

East Africa

by Reuters 0

Kenya's central bank said it was ready to provide "adequate liquidity" to the country's banking system. Photo: Flickr

 Kenya's central bank on Wednesday said it was ready to provide "adequate liquidity" to the country's banking system after a mid-sized lender was put into receivership a day earlier.

The Central Bank of Kenya said it "stands ready to use all instruments at its disposal to provide adequate liquidity support to the banking system to ensure its stability and robustness at this time".

It said the case of Imperial Bank being put in receivership "does not present a systemic concern for the sector".

Kenya central bank will offer "adequate liquidity" after Imperial Bank case

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