bankingandfinanceinsight wordpress.com

bankingandfinanceinsight

Impacts of Interest Rate Capping An Overview of Kenya Scenario. Just over recently, the legislature of the Republic of Kenya passed a bill capping the interest rate on loans and deposits charged by the commercial banks in the country. The bill made two key provisions, this includes;. A cap on the on the rates of lending at 4 above the Central Bank Rate. A floor of on rates of deposit at 70 of the Central Bank Rate. Cost of funds- this is the amount a bank must borrow funds then lends it out. Interest .

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Impacts of Interest Rate Capping An Overview of Kenya Scenario. Just over recently, the legislature of the Republic of Kenya passed a bill capping the interest rate on loans and deposits charged by the commercial banks in the country. The bill made two key provisions, this includes;. A cap on the on the rates of lending at 4 above the Central Bank Rate. A floor of on rates of deposit at 70 of the Central Bank Rate. Cost of funds- this is the amount a bank must borrow funds then lends it out. Interest .

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The site had the following in the homepage, "Impacts of Interest Rate Capping An Overview of Kenya Scenario." I noticed that the web site stated " Just over recently, the legislature of the Republic of Kenya passed a bill capping the interest rate on loans and deposits charged by the commercial banks in the country." They also stated " The bill made two key provisions, this includes;. A cap on the on the rates of lending at 4 above the Central Bank Rate. A floor of on rates of deposit at 70 of the Central Bank Rate. Cost of funds- this is the amount a bank must borrow funds then lends it out."

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