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Episode 72: The Impact of Interest Rate Capping

Episode 72: The Impact of Interest Rate Capping

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Episode 72: The Impact of Interest Rate Capping

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Episode 72: The Impact of Interest Rate Capping           Episode 72: The Impact of Interest Rate Capping          
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    In September 2016, Kenya passed the Banking Amendment Act, creating interest rate controls where there were none before. It sets the maximum lending rate at no more than 4% above the Central Bank base rate; and the minimum interest rate granted on a deposit held in interest earning accounts with … READ MORE