It has been pointed out that, in the background, there are a slowdown in exports to Europe and a deceleration in private real estate investment due to the effects of past monetary tightening and policy measures to control real estate transactions.
To gain an understanding of the underlying factors in the collateral process, Central Bank, Kenya Bankers Association (KBA) and Financial Sector Deepening (FSD) Kenya commissioned a study aimed at reviewing the cost associated with collateral in the credit granting process.