ADVOKS GLOBAL · KENYA
Central Bank of Kenya Act
8. Authorized capital of Bank
Edition: 2026-07-24 · In force
8. Authorized capital of Bank
(1)The authorized capital of the Bank shall be five billion shillings which may be increased by such amount as shall be determined by the Board in consultation with the Cabinet Secretary.(2)The ownership of the entire paid up capital of the Bank shall be vested in the Cabinet Secretary for the National Treasury.(3)The Bank may, having regard to the amount by which the value of the assets of the Bank exceeds its liabilities, increase its paid up capital by such amount, payable out of the General Reserve Fund, as the Board shall direct.(4)The paid up capital of the Bank shall not be reduced.