Interesting that CBK left rate at 8.5%...Reminds me of the 2011 when CBK was perpetually behind the curve.
The KBRR rate at 9.13% is a great win for the lobbying skills of the bankers. I don't expect any changes in loan interest rates. At least not in the short-term.
Its very easy to explain why you would charge a customer 6% higher than the KBRR since you can add on all the risks that you face in Kenya as a lender...
Sehemu ndio nyumba