interest rate cap
MPC retains signal rate at 9%
The Monetary Policy Committee (MPC) on Wednesday retained its signal rate at 9.00%, saying inflation expectations remained well anchored within the target range,...
BT Reporter2 Mins read
Govt could scrap or modify rate cap law, Uhuru says
President said there is need to repeal it altogether or modify it to deal with some of the issues and the concerns that...
REUTERS1 Mins read
CBR reduced to 9.5% paving way for cheaper loans
However, it could be too early for Kenyans, who have been starved of credit by commercial banks to celebrate, since the lenders are...
BT Reporter3 Mins read
KCB Group reports flat net profit for 2017
Lender's profit after tax stagnates at Sh19.7 billion, which it attributes to low interest rates, increased fees and commissions resulting from use of...
BT Reporter3 Mins read
NBK mulls branch closures to cut costs
NBK will make a decision early in the second quarter on the number of outlets it will shut, CEO Wilfred Musau said Monday...
BLOOMBERG1 Mins read
Barclays Kenya FY 2017 net profit drops to Sh6.9b
Lender says implementation of the interest rate cap compressed margins and resulted in a decline in its revenues
CAPITAL FM1 Mins read
MPC unlikely to change interest rates cap, analysts say
Despite easier projectionS, some analysts say the MPC is unlikely to change rates at all unless the government amends the law on the...
BUSINESS TODAY1 Mins read
Politics, debt distress threaten GDP growth, AfDB report warns
African Economic Outlook 2018 report also shows real GDP growth declined to an estimated 5% in 2017, due to subdued credit growth caused...
BT Reporter2 Mins read
MPC to hold next meeting on January 22
It is expected that the committee might give direction on plans to review the interest rates cap law following the negative performance of...
BT Reporter1 Mins read
