CBK to inspect banks for compliance with risk-based credit pricing models

The Central Bank of Kenya will be carrying out inspection in all Banks in the country order to evaluate their compliance in implementation of their Risk Based Credit Pricing models (RBCP).

CBK Governor Kamau Thugge told the National Assembly Finance Committee that any violations established during the onsite target inspections will be subject to enforcement and administrative actions as stipulated in the banking sector legal and regulatory frameworks.