Crack in Armour: Cooperative Bank Flips

[RV Pundit]

I think when interest has gone haywire - to 30% - then some capping is needed. What is needed is for a base rate (10% now) that truly reflect the market conditions. Let see how this will work.

[Nefertiti]

Looks like the KBA cartel is losing grip: CBA drops rate to 22.9%

http://www.bloomberg.com/news/articles/2016-09-09/cba-breaks-ranks-with-other-kenyan-banks-after-loan-rates-capped-isvyeqgo

[RV Pundit]

12.9%. This if it works would be really great news.

Looks like the KBA cartel is losing grip: CBA drops rate to 22.9%

http://www.bloomberg.com/news/articles/2016-09-09/cba-breaks-ranks-with-other-kenyan-banks-after-loan-rates-capped-isvyeqgo