Uhuru aweka saini mswada wa kudhibiti riba za benki.

[weed]

Uhuru bangi inamsaidia kufikiri vitu vya maana na kutekeleza huku kwetu ni mihemko isiyo na tija...hakika waTZ mbele ya Kenya tutakuwa nyuma kama fisi tukitegemea Mkono uanguke..

JE UNASHAURI HUYU WETU NAE WAANZE KUMPELEKEA KA'MJANI…?

 

[Iconoclastes]

JE UNASHAURI HUYU WETU NAE WAANZE KUMPELEKEA KA'MJANI…?

He he he he he he.......nyinyi watu!!!!

 

[bongo-live]

kwa hili namvulia kofia uhuru, ni jambo la kishujaa sana ukikumbuka kuwa familia yake ndio wamiliki wakubwa ndani ya benki ya commercial bank of africa (CBA).

 

[Kafrican]

yetu ilikua 22% kabla ya hii sheria kuekwa




NAIROBI, Kenya Aug 24 – The signing into law the Banking (Amendment) Bill, 2015, could usher in fundamental changes in the financial sector.
This is after President Uhuru Kenyatta this afternoon signed the bill that seeks to tame interest rates charged by banks and regulate interest paid on deposits.
The President, in a statement explaining his decision to sign the bill into law, said Kenyans had expressed frustration with the lack of sensitivity by banks.
“These frustrations are centred around the cost of credit and the applicable interest rates on their hard-earned deposits. I share these concerns,” said Kenyatta.
The President noted previous attempts by parliament to introduce interest rates to affordable levels caved in to the sector’s promise of self-regulation but banks failed to live up to the promise.
So what does the act, sponsored by Kiambu MP Jude Njomo, mean to customers?
1. CBK will now determine interest rates charged by banks
According to the Banking (Amendment) Act, interest rates will now be capped at no more than four percent above the base rate set by the Central Bank of Kenya. The Monetary Policy Committee of the Central Bank sets the CBR, which is currently at 10.5 percent, meaning banks should now charge 14.5 percent interest rate from a high of up to 22 percent. This includes mortgages.
2. The act empowers the Central Bank to regulate the deposit rate
According to the act, the minimum interest rate paid on a deposit (in an interest earning account) should be at least seventy per cent of the base rate set and published by the Central Bank of Kenya. CBK set this rate at 6.92 percent in April essentially meaning you can get around 4.9 percent from your deposits.
3. It is now illegal to borrow or lend at an interest rate above what is set by the law
Seems obvious that the law should be followed but a financial institution that contravenes the Banking (Amendment) act will be liable to a fine of not less than one million shillings or/and the CEO may be imprisoned for term not less than one year.
4. This new law does not affect loans already in place
The law does not affect loans procured before the President signed the bill into law. Customers who had borrowed before today will pay interest rates agreed when the loans were issued. This is because laws are not enacted retrospectively.

 

[Robot la Matope]

Means ili tuendelee na viongozi wetu wavute bangi?

Wakivuta sijui itakuajeeeee? Duhhhh/:"!$$#*: MUNGU TUSAIDIE

 

[Kafrican]

imajin, Central bank iko na rate ya 10.5%, na benki zilikua zinadhulumu watu kwa kukata mara dufu at 22%, hii ilikua wizi mamboleo, tulikua tunafanywa salves, unaweka pesa kwa bank tena ukiomba loan unawaongezea riba kubwa hivyo