×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Read on the App

Bank customers to pay higher loan rates as State borrowing spree bites

Borrowers have been slapped by a sharp rise in interest rates that are now racing towards 30 per cent, punished by the government’s insatiable borrowing spree, which is causing turbulence in the money markets.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in