×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Expensive loans in the offing as banks seek CBK approval to increase interest rates

Borrowers are bracing for increased interest rates on loans as banks receive key regulatory approvals from the Central Bank of Kenya (CBK) to start charging customers based on their risk profile.

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