Influence of Central Bank of Kenya Lending Rates towards Loan Uptake by Commercial Banks Customers in Kenya (original) (raw)

International Journal of Research, 2015

Abstract

Central Bank of Kenya (CBK) regulations forms part of the requirement, restrictions and guidelines that should be used to ensure stability, foster liquidity, solvency and proper functioning of a stable market- based financial system. The study purposed to assess the influence of central bank of Kenya Lending rates towards loan uptake by commercial bank customers. The study was carried out in Eldoret town focusing on six selected banks. Descriptive research design was used targeting commercial bank clients. The sample size for the study was 341 with each bank sampling 56 individuals. Stratified simple random sampling technique was used with closed ended questionnaires aiding in data collection. Data was analyzed using Statistical Package for Social Scientist where descriptive and chi squire statistics were used as analysis techniques. Hypothesis test was conducted presenting the findings in Tables. The findings of the study revealed that there was a significant influence between len...

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