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CBK unveils new credit model, higher rates for defaulters

video
September 2, 2025
4h ago
C
Citizen TV (Youtube)
News Channel
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As commercial banks shift to a new risk-based pricing model pegged on the Kenya Shilling Overnight Interbank Average, Kenyans with poor credit history may soon face higher borrowing costs. Central Bank Governor Kamau Thugge says the model is not meant to lock anyone out of the fi..