http://www.businessdailyafrica.com/news/Interest-capping-hits-role-banks-lenders-firms/539546-4029464-nriutf/index.html Futuristically speaking, the world of maturity transformation which underpins the existing social contract of banks is being challenged globally, and the future is going to be differentiated by how banks look for funds outside customer deposits (through capital markets) to on-lend to long-term borrowers at a lower cost.
I especially like the red part. Clearly banks in kenya have to start going to the capital markets to raise funds to lend to private sector pegged to T-bills or m-akiba.
Topic: Banking sector and role of banks. (Read 925 times)