The State-backed mortgage firm has offered KCB Group and Housing Finance Sh2.64 billion to offer home loans with interest rates of less than 10 percent. The lower home loan rates are the product of the newly established Kenya Mortgage Refinance Company (KMRC), a Treasury-backed lende...
Higher real interest rates may improve the economics of commercial and retail banking, which had been overshadowed by other activities in recent years. In the new era, credit volumes will likely grow more slowly as higher rates dampen loan demand, bu...
The topsy-turvy, one of a kind 2020, taught investors the importance of diversifying and holding some stable income generating investments. With interest rates remaining near zero, in order to diversify their portfolio and survive the ongoing market volatility, investors should consider dividend paying...
This is probably scatter-brained, but the possibility of capital loss is arguably what gives QE some of its traction with market participants. In essence (at least in the New Keynesian framework), QE is a commitment to keep short rates low for longer. The mechanical part of that is buying ...
Nevertheless, on 12 May, UEFA announced it had been moved to Portugal since the excessive degree of COVID-19 infection rates in Turkey had led the UK authorities to place journey to Turkey on its crimson listing, meaning fans would have had to quarantine for ten days in a resort at their...