Banking & Finance Insights
Commentary on lending, security, regulation and the recovery of money in Kenya, for banks, borrowers and the businesses caught between them.
Should Interest Rates Be Regulated?
Interest rates in Kenya have been the subject of intense debate for more than two decades, dividing policymakers, economists, lenders, and consumers. While some argue that regulating lending rates protects borrowers from excessive charges and promotes financial inclusion, others maintain that interest rate controls distort the credit market, discourage lending, and ultimately reduce access to […]
By Peter Maina