The Kenyan banking sector comprises various financial institutions that provide banking services, including loans, deposits, and investment products.
Kenyan bank staff will no longer enjoy cheaper loans under new CBK pricing model
The Central Bank of Kenya has scrapped preferential borrowing terms for bank employees. The new risk-based pricing model will increase borrowing costs for insiders who previously enjoyed cheaper credit.
Kenya to scrap risk-based loan pricing in push for lower interest rates
CBK proposes to scrap the risk-based credit pricing model. Lending rates will now be pegged to the Central Bank Rate (CBR).
