Kenyan Bank Shares Rise After Parliament Passes Rate Cap Repeal

0
3

Kenyan bank shares gained in early trade on Wednesday after President Uhuru Kenyatta’s bid to remove a cap on commercial lending rates was passed in parliament on Tuesday, a move that could boost the flow of credit to the economy, Reuters. Equity Bank rose 4.93% to 50.0 shillings ($0.4854), while KCB Group jumped 5.97% to […]

The post Kenyan Bank Shares Rise After Parliament Passes Rate Cap Repeal appeared first on Independent Newspapers Nigeria.

(Visited 3 times, 1 visits today)

LEAVE A REPLY

Please enter your comment!
Please enter your name here