•Parliamentary Committee Grills CBK, Bankers Over Interest Rates and Financial Regulations Nairobi, Kenya| The Central Bank of Kenya (CBK) Governor, Dr. Kamau Thugge, faced tough scrutiny from the Parliamentary Departmental Committee on Finance and National Planning over persistently high lending rates despite recent reductions in the Central Bank Rate (CBR). The committee also raised concerns […]
Nairobi, Kenya| Equity Bank Kenya has announced a reduction in interest rates for all new and existing Kenya Shilling-denominated credit facilities. This follows the recent decision by the Central Bank of Kenya’s (CBK) Monetary Policy Committee (MPC) to lower key benchmark rates. The rate adjustment will take effect immediately for new loans issued from February […]
