Kenya’s Leading SACCOS that can speed up your Business Growth
This is how SACCOs work – You become a member, set your saving goal and start saving. Let’s say you start today and target...
How Co-op Bank funded Two Rivers mall
Co-operative Bank was among the top financiers that saw the birth of East Africa's largest mall, Two Rivers.
It has emerged that Co-operative Bank gave...
Banks go slow on lending as loan defaults rise
Kenyan banks have gone slow on offering credit as more borrowers default on their loan repayments.
According to data from Central Bank of Kenya (CBK)...
ICDC starts offering loans at 13 per cent
Industrial and Commercial Development Corporation (ICDC) has announced a three percentage point reduction in loan interest.
The State-owned ICDC said on Monday that it has,...
Is your loan still expensive? How installments are calculated under new interest rates
BY MUNGAI KIHANYA
Direct proportions are very easy to comprehend. This is when a change in one quantity produces a proportional variation in the other....