×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

Loans: Banks fail self-regulation test

Co-operative Bank banking hall in Nairobi.[David Njaaga,Standard]

Banks have over the last week been falling over themselves to reduce their lending rates but only after the Central Bank of Kenya (CBK) threatened to penalise them for failure to pass on the benefits of lower interest rates to their customers. 

Get Full Access for Ksh99/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today

Subscribe Today & Save!

  • 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