Paul Arithi 
The Central Bank of Kenya (CBK) is aware that malicious actors may attempt to circulate erroneous information on online and other channels about the banking system.
The banking sector in Kenya remains stable and resilient, and is adequately capitalised.All customers should continue transacting as normal.
CBK has not issued any press release, or other information with regard to the operation of the banking sector or any other element of its mandate.
The intent behind these malicious attempts is usually to induce panic, leading to action which may destabilise the market. CBK emphasises that creating or circulating such information is in contravention of several laws including the Computer Misuse and Cybercrimes Act, and will lead to criminal prosecutions.
In November last year, Central Bank of Kenya (CBK) issued the similar statement cautioning the public against the persons or entities purporting to be providing money or value transfer on behalf of CBK.
According to the statement released from the regulator which read.“It has come to the attention of the Central Bank of Kenya (CBK) that there are entities and persons providing money or value transfer services without the requisite license or authorization from the CBK.
Money or value transfer services include payment services regulated under the National Payment System Act, 2011 and money remittance services regulated under Money Remittance Regulations, 2013.”
This is to inform members of the public that it is a criminal offence to provide money or value transfer services without a license or authorization from the CBK.
