I&M Bank Will Drop Lending Rate by 1.5% to 18% from the previous tariff of 19.5%. The move follows a verdict from the Central Bank of Kenya’s (CBK) Monetary Policy Committee (MPC) to reduce the CBR to 11%

The performance at the Nairobi Securities Exchange was a first as both major indices recorded increased performance. Investor portfolio value went up and market capitalization increased by KES 4 Trillion. The 20-share index closed at 4160.49 and the All-share index at 92.66. Today we shall focus on the banking…