Скачать или смотреть Banks unveil new loan calculation formula

Commercial banks have started using the a new interest rates pricing method which is expected to make the process of borrowing more transparent. The banks Monday unveiled the Annual Percentage Rate that is expected to compliment the Kenya Bank Reference Rate to ease the cost of credit in Kenya. Kenya Bankers Association chairman Joshua Oigara however says government needs to address systemic challenges at the lands registry and security challenges which are external factors likely to impede cheap credit.
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