KenyaMonetary policySticky retail ratesPurpose – This study aims to quantitatively measure the size and speed of monetary policy interest rate transmission to long-term interest rates in Kenya. Design/methodology/approach – The study uses autoregressive distributed lag specification re-parameterized as ...
NAIROBI, April 24 (Xinhua) -- A move to cap commercial banks' interest rates in Kenya has taken a toll on the financial institutions, forcing many of them to align their operations to the changed environment. From laying off staff to merging and acquisitions, lending more to government, redu...
The benchmark interest rate in Kenya was last recorded at 12 percent. This page provides the latest reported value for - Kenya Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calenda
Define interest rate. interest rate synonyms, interest rate pronunciation, interest rate translation, English dictionary definition of interest rate. Noun 1. interest rate - the percentage of a sum of money charged for its use rate of interest bank disco
Purpose – This study aims to quantitatively measure the size and speed of monetary policy interest rate transmission to long-term interest rates in Kenya. Design/methodology/approach – The study uses autoregressive distributed lag specification re-parameterized as an error correction model and mean ad...
COMMERCIALBANKS’RATESANDTHE91-DAYTREASURYBILLRATEGuglielmoMariaCaporaleaBrunelUniversity,LondonLuisA.Gil-AlanabUniversityofNavarraNovember2010AbstractThispaperanalysestheimplicitdynamicsunderlyingtheinterestratestructureinKenya.Forthispurposeweusedataonfourcommercialbanks’interestrates(Deposits,Savings,LendingandOverdraft)...
The Central Bank of Kenya (CBK) kept its benchmark interest rate unchanged at 7% during the September Monetary Policy Meeting held on Tuesday. The bank has now kept rates on hold in its last nine meetings, and the decision was inline with marketexpectations. ...
Define Interest Rate Ceilings. Interest Rate Ceilings synonyms, Interest Rate Ceilings pronunciation, Interest Rate Ceilings translation, English dictionary definition of Interest Rate Ceilings. interior upper surface of a room: The entryway had a high c
The financial institutions have recorded a five-fold surge in personal loan applications ever since the law to cap interest rates came into effect last month. The Kenya Commercial Bank (KCB), for instance, said last week that it lent out 63 million U.S. dollars in three weeks, mainly to ...
There are no monthly fees or charges on this account. What interest rates do you offer on this product? The interest rate offered on your savings account will vary from time to time subject to the applicable law. The larger your savings balance, the more interest you earn. ...