interest rates cap

6 Articles
FEATURED ARTICLE

Experts: Expensive loans a blessing in disguise for SMEs

Banks are set to reap big after the High Court on Thursday ruled that the law capping interest rates is unconstitutional. The High...

FEATURED ARTICLE

Kenyans with loans a worried lot over rate cap removal plan

[dropcap]K[/dropcap]enyans who have commercial bank loans and mortgages are not a happy lot as plans to scrap caps on interest rates gain momentum....

Co-operative Bank headquarters in Nairobi. The bank has introduced a paperless end-to-end account opening process.
FEATURED ARTICLE

Co-op Bank Q3 net profit shrinks to Sh9.5

The Co-operative Bank has posted a net profit of Ksh 9.5 billion for the third quarter of 2017, which is a decline from...

FEATURED ARTICLE

KCB beats Equity in top banks survey

Kenya Commercial Bank is the top ranked bank in Eastern Africa with capital of Ksh74.4 billion (US$717 million), according to the 2017 survey...

FEATURED ARTICLE

Banks in new push for review of interest rates cap

Banks are now calling for a review of interest rates cap law, saying it has failed to achieve its objectives. According to the...

SMART MONEY

This is the best time to buy a bank

Local bank acquisitions are now happening at cheaper valuations owing to the effects of the interest rate cap. "Earlier bank acquisition announcements, such...