Banks submits new business models to the CBK

5 views · Published 31 May 2017 · 2:34 · Indexed 1 November 2026

Channel: KBC Channel 1 TV Shows · 2017 · People & Blogs

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Banks have submitted new business models to the central bank of Kenya for review to align their businesses with the interest rate cap regime. Central Bank of Kenya Governor Dr. Patrick Njoroge is optimistic that this will help banks survive capping of interest rates that had seen most of them report reduced earnings during the first three months of this year.

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