Banks Issued With Ultimatum to Implement New Model for Setting Lending Rates
All commercial banks in Kenya will be expected to implement the new proposed banking sector Risk-Based Credit Pricing (RBCP) model, ...
Tag: Monetary Policy Committee
Diamond Trust Bank Reduces Interest Rates on New and Existing Loans
The Diamond Trust Bank (DTB) has lowered its lending rates on both new and existing loans after the reduction of ...
Kenyans to Enjoy Cheaper Loans as CBK Lowers Interest Rates on Loans Again
The Central Bank of Kenya (CBK) has lowered the Central Bank Rate (CBR) again following a Monetary Policy Committee (MPC) ...