Man in court to stop banks from unilaterally raising loan interest rates and charges

A petition was filed on Monday at the High Court in Nairobi seeking to stop commercial banks from unilaterally increasing interest rates, default charges, and other loan-related fees. The case filed by Francis Awino sought conservatory orders against the Central Bank of Kenya, the Attorney General and the Kenya Bankers Association on behalf of licensed [...] The post Man in court to stop banks from unilaterally raising loan interest rates and charges appeared first on Kahawatungu .

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