English VideosK24 TvNATIONALNEWSVideos

Treasury proposes amendments to the Banking Act

The government intends to repeal the law capping interest rates  on bank loans in the next two months.
According to Treasury Cabinet Secretary Henry Rotich the law has failed to achieve its intended purpose and will be replaced by credit guarantee schemes that act as cushions for financial institutions incase of defaults.

Show More

Related Articles

Leave a Reply

Your email address will not be published.