Is CBK solving or fueling rising confidence crisis in Kenya’s banking sector?
Companies across the economy are suffering from the repercussions of a government-imposed cap on commercial interest rates
Tag: interest rates
How interest rates capping has dented banks’ profitability
Lenders report flat or reduced earnings for year ending December 31 2016 as Uhuru reveals he is actively seeking to ...
Rates caps to hit Kenya’s growth prospects
Experts, however, aver that GDP growth is expected to remain broadly stable this year, supported by strong public investment and ...
IMF calls for review of interest rates capping law
Bretton Woods institution says although the adverse effects of the controls are manageable in the near term, if maintained, they ...
Banks cut hold on govt’s domestic debt as yields fall
But analyst says move is short term because interest rates have once again begun to rise and the government plans ...
Banks shift to T-bills and bonds to make up for rate capping
Demand for Treasury bills and bonds has surged in the weekly auctions as commercial banks shift to the securities following the ...
Provide affordable credit to Kenyans, Uhuru urges banks
President Uhuru Kenyatta has urged commercial banks to work closely with the Central Bank of Kenya and other stakeholders to ...
