Central Banking

Cash settlement shifts to central bank platform in Kenya

central-bank-of-kenya-night
Central Bank of Kenya

The cash settlement for securities transactions conducted on the Nairobi Securities Exchange (NSE) is now taking place on the Central Bank of Kenya's in-house system.

This extends to transactions involving either equities or corporate bonds, and replaces a system where cash settlement was effected through four commercial banks appointed by the Central Depository and Settlement Corporation (CDSC).

Now, it will take place through the central bank's real-time gross settlement (RTGS) system. The

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: