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Why Kenyan Borrowers Still Pay up to 20% in Loan Interest Despite CBK's 10% Base Rate - Tuko.co.ke
https://www.tuko.co.ke/business-economy/money/591666-why-kenyan-borrowers-pay-20-loan-interest-cbks-10-base-rate/
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Director of Research and Policy at Kenya Bankers Association Dr Samuel Tiriongo noted that the customer credit risk is currently elevated, pushing loan fees up.
