SHARJAH / WAM Sharjah Children, an affiliate of Rubu’ Qarn for Creating Future Leaders and …
Read More »Kenya’s biggest bank says rate caps risk destroying industry
Bloomberg Government-imposed caps on commercial interest rates risk destroying Kenya’s banking industry unless they’re addressed soon, the head of the country’s biggest lender said. KCB Group Plc wants the ceiling raised to more than the current 400 basis-point limit above official rates, an easier route than seeking a repeal of the law in parliament, Chief Financial Officer Lawrence Kimathi said …
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