2021-06-08 | 1599420480

Banking Circular No. 2 of 2021 - Amendment of Risk Weight on Mortgage Loans

The Central Bank of Kenya (CBK) has issued a circular to commercial banks and mortgage finance institutions, announcing an amendment in the risk weight for mortgage loans. The change, from 50% to 35%, is expected to boost the mortgage market and increase lending. This amendment is in line with international best practices and the Basel III framework.

Kenya

Central Bank of Kenya

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