Financial institutions are updating their contracts and improving monitoring systems to protect themselves from growing risks related to external serv...
According to data published by the Central Bank of Kenya (CBK), the average overall lending rate across 38 commercial banks dropped slightly to 15.78...
In its proposal, CBK has emphasised the importance of operationalising policy decisions through tools like the interbank rate to ensure stronger trans...
The banks argue that after interest rate caps were introduced on interbank lending, the use of this rate as a base would be more responsive to market...
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