Nairobi, Sept. 17 -- The fallout from the Middle East crisis is frustrating efforts to lower the cost of loans, the Central Bank of Kenya(CBK) has said, citing a resurgence in inflation which has forced it to pause interest rate reductions.

CBK Governor Kamau Thugge said the apex bank is unable to fully implement a new risk-based pricing framework that seeks to lower borrowing costs.

Published by HT Digital Content Services with permission from Business Daily....