New headache for CBK as banks freeze loans and resist lower rates

Standard Digital 08/12/2024 00:25

Lenders are wary of lending amid mounting defaults in a struggling economy despite the regulator lowering the benchmark rate for the third time this year to 11.25pc…

StandardMedia.co.ke
Lenders are wary of lending amid mounting defaults in a struggling economy despite the regulator lowering the benchmark rate for the third time this year to 11.25pc…
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