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Banks by Esther Mathu is a document available to read on EtoBox.
What is Banks about?
Commercial banks have reduced loan interest rates by an average of 1.03 percentage points over the past year, despite significant cuts in the central bank rate. Some banks, like Citibank N.A. Kenya, have seen substantial decreases in lending costs, while others have experienced increases. The Central Bank of Kenya is transitioning to a new interest rate benchmark based on the interbank market rate to enhance transparency in loan pricing.
- Author
- Esther Mathu
- Language
- EN