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JUST IN: CBK Cracks Down on Banks Over Loan Pricing Compliance 

  The Central Bank of Kenya (CBK) has launched a nationwide inspection of all banks to assess their compliance with the implementation of Risk-Based Credit Pricing (RBCP) models. This move aims to ensure that banks price loans based on individual borrower risk rather than applying a uniform approach. CBK Governor Kamau Thugge informed the National Assembly Finance Committee that any violations identified during the onsite inspections would result in enforcement and administrative actions as outlined in banking sector laws and regulations. Speaking before the committee, chaired by Molo MP Kuria Kimani, Thugge explained that the RBCP model was introduced as part
The post CBK Cracks Down on Banks Over Loan Pricing Compliance appeared first on Nairobi Wire. Read More

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