New Dawn in Lending: Why Kenyans must pay attention to CBK’s revised Risk-Based Credit Pricing Model
When the Central Bank of Kenya (CBK) issues a directive, the financial sector listens. And this week, a critical shift landed squarely on the desks—and mobile phones—of millions of Kenyan borrowers after KCB Bank publicly announced its transition to the Revised Risk-Based Credit Pricing Model (RBCPM), a framework crafted and mandated by the CBK. The…