3 stories
Explainer ·
The real cost of a loan: flat rate, reducing balance and fees
Two loans can both say 15% and cost very different amounts. How flat-rate and reducing-balance interest work, why fees matter, and three questions to ask before you sign.
Daily Brief ·
Kenya’s rate cuts: savers lost twice what borrowers gained
In two years the one-year Treasury bill fell from 16.73% to 9.04%. Banks cut what they pay depositors by 4.2 points but what they charge borrowers by only 2.5, so the gap between the two widened from 5.70 to 7.43 points.
Daily Brief ·
How to read a CBK Bank Supervision circular
A filing method for prudential circulars — addressee, effective date, obligation, and what remains a licence condition — without inventing a circular number.
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