CBK is intensifying its crackdown on hidden charges in the pricing of loans with a landmark proposal that will, compel mobile lenders to transparently outline all borrowing costs or face penalties.

CBK has issued a consultative paper proposing that all banks use the Central Bank Rate (CBR) plus a disclosed premium (“K”) ...

The Central Bank of Kenya (CBK) has announced plans to introduce changes to its current lending rate framework, known as the ...