The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The interest rate cap on loans will soon be reversed to allow the market to determine the pricing of credit, the Central Bank governor has said.
Speaking to the press after meeting investors, mostly in the equity and fixed income segment, Dr Patrick Njoroge said banks will be handed back a free hand in pricing the cost of loans since the impact has been 'problematic'.
Premium Article
Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.