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KTN Prime  / 4 months ago

[VIDEO] Conundrum over the new interest rates by Kenyan banks across the borders


Close to two weeks ago, Kenya became the only country in East Africa to introduce a law that puts a ceiling of bank interest rates at 4 per cent above the prevailing central bank of Kenya referenced benchmark rate.  But will Kenyan banks operating in other East African countries be guided by the new law?

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