THE Central Bank of Kenya (CBK)
has inspected 30 banks in plans to
ensure they reduce their lending rates
in line with the lowered Central Bank
Rate (CBR).
Speaking during the post-Monetary Policy Committee (MPC) session
with journalists on Wednesday, CBK
governor Kamau Thugge said the regulator is keen to ensure credit supply
to the private sector and families to
spur economic development.
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