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You are at:Home»business»CBK invites views on draft plan to widen inclusion, regulate credit guarantees
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CBK invites views on draft plan to widen inclusion, regulate credit guarantees

Kevin TevBy Kevin TevSeptember 26, 2025No Comments2 Mins Read
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The Central Bank has invited the public to share views on the draft National Financial Inclusion Strategy (NFIS) 2025–2028, aimed at building on past gains and enhancing coordination among stakeholders to expand financial access.

According to the CBK, the strategy is aimed at addressing fragmentation in policies, initiatives, innovations, and programmes targeting financial inclusion while creating synergy in advancing the agenda.

“The strategy seeks to coordinate financial inclusion initiatives in the country; address fragmentation in policies, initiatives, innovations, and programmes targeting financial inclusion, and create synergy among stakeholders in advancing the financial inclusion agenda, among others,” the notice reads.

The draft strategy has been published online and can be accessed through the link provided by CBK.

Submissions are to be made using a template available at https://forms.office.com/r/nH7q2rxmMC , via the QR code shared in the notice, or through the email address NFIS@centralbank.go.ke .

Written feedback may also be addressed to the Director, Research Department, Central Bank of Kenya, P.O. Box 60000 – 00200, Nairobi.

The deadline for submitting comments is Thursday, October 9, 2025, at 5 pm.

In a related notice, CBK has also invited comments on the draft Central Bank of Kenya (Credit Guarantee Business) Regulations, 2025.

The framework follows amendments to the CBK Act under the Business Laws (Amendment) Act, 2024.

It requires all entities engaging in credit guarantee business to be registered or licensed by the bank within five years.

The proposed regulations set out requirements for registration, licensing, governance, risk management and other operational obligations for persons offering credit guarantee business in Kenya.

CBK noted that such entities play “a pivotal role in ensuring that critical economic sectors in Kenya, such as the Micro, Small and Medium Enterprises (MSMEs), continue to access affordable credit in a sustainable manner.”

The draft regulations are available on CBK’s website.

Comments may be submitted online through https://forms.office.com/r/cPjJ6AVdYQ , or in writing to the Director, Bank Supervision Department, Central Bank of Kenya, P.O. Box 60000 – 00200, Nairobi.

Feedback may also be sent by email to fin@centralbank.go.ke .

The deadline for submissions is Wednesday, October 15, 2025.

Both initiatives underline CBK’s efforts to strengthen financial inclusion and enhance oversight of credit guarantee providers while encouraging public participation in shaping key financial sector policies.

 

by EMMANUEL WANJALA

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