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ercent of homes in the Keys were dest

Nieprzeczytany postautor: gsnoopy520 » 14 wrz 2018, 05:12

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NAIROBI, May 2 (Xinhua) -- Commercial banks have raised their stake in Kenya's domestic debt by 4 percent in the last two months as they seek to make up for reduced earnings in a tough lending environment.

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Kenya's domestic debt currently stands at 19 billion U.S. dollars up from slightly above 18 billion dollars in February.

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Kenya introduced changes to commercial banks' lending regime last September, capping interest rates at 4 percent above the CBK rate Rashaan Evans Camo Jersey , which currently stands at 10 percent.

The law pushed down lending rates of some commercial banks by half as the charges before the law ranged at between 18 and 28 percent.

Though introduced in the third quarter of 2016, commercial banks earnings declined last year, with the drop being blamed on the law.

Kenya Commercial Bank (KCB), Barclays Bank Austin Johnson Rush Jersey , Equity Bank, NIC Bank and Stanbic are among the big banks in the East African nation which recorded decline during the period.

KCB, the country's largest bank by assets, posted a flat net profit of 191 million dollars Kevin Dodd Rush Jersey , NIC Bank recorded a 3.3 percent decline in earnings, Barclays Bank 12.6 percent and Stanbic Bank 9.9 percent.

Kenya Bankers Association chief executive officer Habil Olaka recently said lenders are currently diverting more funds to Treasury bills and bonds and other opportunities in the forex market rather than lending to borrowers

"The government debt borrowed through Treasury bills and bonds is less risky and more profitable in the wake of the rate capping law," he said.

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Odp.: ercent of homes in the Keys were dest

Nieprzeczytany postautor: yebholauj » 14 wrz 2018, 15:11

Mam dokładnie to samo zdanie co mój poprzednik. Nic dodać oraz nic ująć...
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Odp.: ercent of homes in the Keys were dest

Nieprzeczytany postautor: varamina » dzisiaj, 08:39


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