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Barclays and Equity bank loans most expensive, among large banks
The CBK has turned to disclosing of banks’ pricing in an effort to urge borrowers to shift to cheaper banks forcing down the rates. PHOTO | FILE
Two of the country’s large banks, Equity Bank and Barclays, are among the most expensive lenders in the country despite enjoying economies of scale, newly released data shows.
Barclays Bank is the most expensive among large banks lending at an average 19.2 per cent followed by Equity at 19 per cent.
