Commercial banks in Kenya at crossroadsCommercial banks are at crossroads. They have starved the private sector of credit in favour of investing in short-term treasury bills and bonds. But their reliance on Government borrowing is facing a real test that presents danger from the Central Bank of Kenya (CBK). A lower rate would force banks to take a big hit on their bottom line. They have to loosen their purse strings and rump up their lending to the private sector.

Source: Standard Digital March 18, 2019 21:45 UTC