Small lenders to pool collateral in interbank money market plan

Central Bank Governor Patrick Njoroge. file photo | nmg

Small lenders could soon be allowed to pool collateral in the interbank money market in a bid to cushion them from discrimination and unfair competition from their bigger rivals.

Central Bank of Kenya (CBK) governor Patrick Njoroge said the shared security facility would be run centrally and help improve liquidity in the interbank market.

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