The Central Bank of Kenya (CBK) has issued a caution to the public regarding false information circulating online about the banking sector.

CBK assured Kenyans that the banking industry remains stable, resilient, and well-capitalized, urging customers to continue their transactions as usual.

In a statement, CBK clarified that it has not released any new information concerning banking operations or other areas under its mandate.

The warning follows reports of malicious actors spreading misinformation intended to incite unnecessary fear and destabilize the financial market.

CBK emphasized that the dissemination of false information violates Kenyan law, particularly the Computer Misuse and Cybercrimes Act. CBK further warned that individuals responsible for creating or spreading such misleading information could face criminal prosecution.

The CBK called on the public to rely only on verified sources and ignore unfounded claims, underscoring its commitment to maintaining stability in Kenya’s banking sector.

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