a lacuna has been created at the bottom of the pyramid..this is the time for another dti or mfi (muharata? sacco) to come in and pull a 90s equity on the multinachonol

When CBK raised the CBR to 16.5 this was precisely what they wanted:banks hiking their rates to deter borrowing hence control liquidity in the market.

Equity has just done what the regulator wants,furthermore if you look at the spread when the CBR was at 5.65(I cant remember the exact rate but it was around 5%)equity was charging 15% thats a 9+% spread now its around 8.5% in away the bank has reduced its spread by 0.5%.

Equity Bank is not a charity...and neither is any other bank. These are businesses that are expected to meet client expectations profitably for their shareholders. The CBK's objective was to mop up cash from the economy, these rate hikes are an offshoot of that policy. CBK, although belatedly, is playing hard ball as it should. Banks have little choice in raising their rates.The third wave or rate increases is upon the economy and the signal is clear...it's a wrap for cheap credit.

murenj? murenju?

if what u are saying is true then our good old professor must have gotten his degrees out of river road or he owns or has shares in a big bank and he is using the CBR excuse so his bank could pretend that the cost of fund is expensive and reap greatly from wanjiku by charging her insanely high interest rates on loans.