The Supreme Court Holds that Banks and Financial Institutions are required to seek approval from the Cabinet Secretary responsible for Finance before increasing Interest Rates

The Supreme Court Holds that Banks and Financial Institutions are required to seek approval from the Cabinet Secretary responsible for Finance before increasing Interest Rates

by Allen Waiyaki Gichuhi C.Arb SC and Frankline Otieno | Jun 28, 2024 | Legal update

Loading... Taking too long? Reload document | Open in new tab Download [340.41 KB] BACKGROUND  The Supreme Court has this morning delivered a decision in Stanbic  Bank Kenya Limited v Santowels Limited Supreme Court Petition No. E005 of 2023 on the question on the...