It's official lending rates are coming down as BBK announced a decrease to 18% but "only on specific loan structures not mortgages" and "base lending rates remain at 23%". NBK will announce a decrease soon as Marambii hinted. This was bound to happen as interest rates on T-Bills have been declining over the past few auctions but BBK with that statement of rates declining on specific loan structures and not on others, what criteria did they use on that? Probably cautious lending and the customer's credit history (are our CBs utilising the CRB to the maximum ama it's just for show cz they been around for a while)that's why y their provisions fell reduced drastically.
Interesting...

I concur kyt, the kind of games these banks are playing is crazy. Do they really utilise the CRB i.e credit referencing bureaus (I think u misread it as CBR)