Tuesday, January 31, 2023

Loans

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....

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