mlennyma wrote:Sir invest wrote:KCB is gaining exponentially......now @48 and no supply.
rate cap,if lifted it should settle at 65 where it was before the cap
what i am wondering is
- will banks lend more if rates cap is lifted ?
I do not know why banks would lend more especially of the GOK continues to borrow so much from the domestic market
also with IFRS 9 implementation, even if banks increase lending won't the provisions also go up assuming that those borrowing at higher rates will find it harder to service the loans