Big banks predict fall in borrowing costs under new CBK pricing model

The chief executives of Kenya's two largest banks reckon that borrowing costs for customers will decline as a new Central Bank of Kenya (CBK) mandated loan pricing system takes full effect from March this year improving transparency and the transmission of monetary policy.The heads of Kenya’s two largest banks say borrowing costs for customers are expected to fall as a new Central Bank of Kenya (CBK) loan pricing system takes full effect from March, improving transparency and transmission of monetary policy.Get Full Access for Ksh299/WeekUnlock the Full Story — Join Thousands of Informed Kenyans TodaySupport Bold JournalismUnlimited access to all premium contentUninterrupted ad-free browsing experienceMobile-optimized reading experienceWeekly NewslettersMPesa, Airtel Money and Cards acceptedAlready a subscriber?Log in

The heads of Kenya’s two largest banks say borrowing costs for customers are expected to fall as a new Central Bank of Kenya (CBK) loan pricing system takes full effect from March, improving transparency and transmission of monetary policy.Get Full Access for Ksh299/WeekUnlock the Full Story — Join Thousands of Informed Kenyans TodaySupport Bold JournalismUnlimited access to all premium contentUninterrupted ad-free browsing experienceMobile-optimized reading experienceWeekly NewslettersMPesa, Airtel Money and Cards acceptedAlready a subscriber?Log in

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