Pain for Kenyan borrowers as CBK raises base loan interest rate to 12.5%
Nairobi, Kenya - The Central Bank of Kenya (CBK) has increased the base lending rate to 12.5%, up from 10.5%. ...
Nairobi, Kenya - The Central Bank of Kenya (CBK) has increased the base lending rate to 12.5%, up from 10.5%. ...
The lender takes the measure following a loosening of the loan repayment rules by the Central Bank of Kenya (CBK) ...