CS Lee Kinyanjui says bank loan interest rates have dropped from 19% to 12%
Originally published by People Daily — Read the original article →
Trade Cabinet Secretary Lee Kinyanjui has said the cost of borrowing in Kenya has declined, with some commercial banks now offering loans at interest rates as low as 12 per cent, compared to an average of between 18 and 19 per cent recorded two to three years ago. Kinyanjui attributed the decline to what he […]