Central Bank of Kenya on applicable interest rate on Micro Loans, KTN Prime 21st September 2016

Business | Wednesday 21 Sep 2016 11:39 pm

The Central Bank of Kenya is working to fully operationalize the banking amendment act of 2016, even as it effects on the banking sector continue to become more apparent. There have been concerns over various aspects of lending, with a firm focus on mobile loans which are said to be outside the purview of the law.