Nairobi — Kenya’s commercial banks have begun to implement a revised risk-based credit pricing framework that standardises how loan interest rates are set, driven by directives from the Central Bank of Kenya aimed at enhancing transparency and aligning borrowing costs with market conditions. Banks are now required to price variable-rate, Kenya-Shilling loans using a common reference rate plus a risk-adjusted premium, a shift designed to tighten the [...]The article Kenyan banks align lending formulas with new risk-based pricing framework appeared first on Arabian Post.
Kenyan banks align lending formulas with new risk-based pricing framework
