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StanChart reviewing loan pricing ahead of CBK risk-based model approval
Standard Chartered CEO Kariuki Ngari during the launch of a business proposition dubbed Standard Chartered Women International Network (SC WIN) which leverages the power of Standard Chartered’s unique global footprint to help women-led businesses grow at home and abroad on July 31, 2023, in Nairobi. PHOTO | LUCY WANJIRU | NMG
Standard Chartered Bank Kenya has adjusted interest rates up to 19 percent for its riskiest customers in its latest loan repricing cycle.
The bank however says it is reviewing its loan pricing metrics even as it awaits the approval of the Central Bank of Kenya (CBK) for risk-based pricing.
