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Channel: Karen Kandie | The Star, Kenya
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Rates capping needs flexible strategies

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The full impact of the recent capping of interest rates will take time to unravel. With loan interest capped at four per cent of the base rate, and deposits at 70 per cent of the same rate, the interest rate spread or margin is about 7.22 per cent. Data from the World Bank shows the average interest rate spread in...


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