Interest Capping Law Doing More Harm than Good
Headlines
Despite the positive intention behind the Banking (Amendment) Act, private sector credit growth declined to an 8-year low of 1.4
By Juma
·Search Results for capping of int
How Law Capping Interest Rates has affected Profits of Most Banks in Kenya
Market News
On August 2016, President Uhuru Kenyatta signed the Banking (Amendment) Bill into Law and, in the process, capping the interest rates at
By Juma
·Co-operative Bank Wades Through the Interest Capping Storm To Register a 15Pc Increase In Profit Before Tax
Financial Results
The Co-operative Bank of Kenya has announced its 2016 financial year results registering a 15 percent increase in profits before
By Juma
·Large Banks Better Positioned to Adapt to Interest Rate Capping -Britam
Market News
Large banks will be best positioned to adjust to the new law capping bank interest rates, according to new research
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President Assents to Bill Capping Bank Interest Rates
Market News
President Uhuru Kenyatta has assented to the Banking (Amendment) Bill, 2015 capping bank interest rates at 4% below the Central
By David Indeje
·Central Bank of Kenya opposes capping interest rates
Banking
Central Bank of Kenya (CBK) has opposed the National Assembly’s move to capping interest rates warning that it will raise
By David Indeje
·Capping Interest Rates Not good for Industrial Sector
Blogging
I would like to add my voice to the on going debate on whether capping interest rates at 4% above
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Equity Bank’s Revenue Diversification – How NFI Performed Post Interest Rate Cap
Headlines
In September 2016, the Central Bank of Kenya (CBK), under the Banking (Amendment) Act 2015, capped lending rates at 4.0
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Market Post Interest Rate Cap
Market News
The enactment of the Banking (Amendment) Act 2015 in September 2016, that capped lending rates at 4.0 percent above the
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Banking Interest Caps Here To Stay – Parliamentary Committee
Government and Policy
A proposal by National Treasury to have the interest rate capping law repealed has been opposed by a parliamentary committee.
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