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CBK publishes rates charged by banks to foster transparency

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The Central Bank of Kenya has published the average lending rates for various loan products by categories and maturities as well as the overall average weighted lending rates by commercial banks over the last six months.

In a statement published on the Central Bank’s website, the regulator says the move is aimed at promoting transparency in pricing of credit by the commercial banks and enable the public make informed borrowing decisions.

The post CBK publishes rates charged by banks to foster transparency appeared first on Mediamax Network Limited.


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