Trade CS Kinyanjui: some banks now lend at 12 per cent, down from 19 per cent
Trade CS Lee Kinyanjui said that some Kenyan commercial banks have cut lending rates to as low as 12 per cent. Two to three years ago, rates stood at 18 to 19 per cent, Business Today Kenya reported.
Trade Cabinet Secretary Lee Kinyanjui said that some commercial banks in Kenya have cut their lending rates to as low as 12 per cent. Business Today Kenya reported his remarks on Wednesday. Kinyanjui said that lending rates stood at 18 to 19 per cent two to three years ago. Business Today…
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