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"Co-operative Bank on Friday became the first lender to direct its managers to comply with the new interest capping law.The decision was taken even as banking stocks continued to fall by big margins for the second day running. Managing director Gideon Muriuki said the second-largest lender by assets will apply the 10.5 per cent Central Bank Rate as base rate, pending issuance of guidelines by the Central Bank of Kenya.", www.the-star.co.ke
"Kiambu Town MP Jude Jomo has hailed President Uhuru Kenyatta for assenting to the Banking (amendment) bill, 2015. The MP, the bill's sponsor, said he was excited with the President's bold decision and thanked Kenyans for their support. The Banking (Amendment) Bill 2015 was signed into law by the President on Wednesday.", www.the-star.co.ke
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