CBK revises risk-based pricing model, lets banks set lending rates - Citizen TV Kenya

The Kenya Bankers' Association says that its customers tin present expect much transparency and wide disclosures successful the caller recognition pricing model. The determination follows the cardinal slope of Kenya’s directive aimed astatine finalizing the modulation to a caller risk-based recognition pricing framework, a determination that is expected to importantly change however banks terms loans and interact with borrowers. This would people a displacement from the long-standing cardinal slope complaint to a market-driven interbank complaint arsenic the superior benchmark for indebtedness pricing.