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klan
#1 Posted : Thursday, July 24, 2014 11:34:26 AM
Rank: Member

Joined: 3/3/2011
Posts: 119
which bank has the lowest interest rates in the market for construction/mortgage loans?
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Impunity
#2 Posted : Thursday, July 24, 2014 12:01:10 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
StanChat
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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klan
#3 Posted : Thursday, July 24, 2014 12:10:36 PM
Rank: Member

Joined: 3/3/2011
Posts: 119
Impunity wrote:
StanChat
rate?
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Impunity
#4 Posted : Thursday, July 24, 2014 2:39:09 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
klan wrote:
Impunity wrote:
StanChat
rate?


10.9
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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mawinder
#5 Posted : Thursday, July 24, 2014 2:45:37 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
Impunity wrote:
klan wrote:
Impunity wrote:
StanChat
rate?


10.9

Development Bank 8.5% for the Erdemann Property!!!!!
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Gordon Gekko
#6 Posted : Sunday, July 27, 2014 1:49:36 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
I suspect Erderman is flat rate, like Faulu,so you are looking effectively at circa18%. Stanchart's 10.9% is the best possible rate, which only akina Kirubi are entitled to.
At Mindspeak yesterday Joshua Oigara promised Kenya sub 10% in a year, after KCB float a Euro bond to manage mortgages. A year because the bank has to undergo a credit rating process first.
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real cindano
#7 Posted : Monday, July 28, 2014 10:15:41 PM
Rank: New-farer

Joined: 6/1/2010
Posts: 87
Location: Zimbalabala
Gordon Gekko wrote:
I suspect Erderman is flat rate, like Faulu,so you are looking effectively at circa18%. Stanchart's 10.9% is the best possible rate, which only akina Kirubi are entitled to.
At Mindspeak yesterday Joshua Oigara promised Kenya sub 10% in a year, after KCB float a Euro bond to manage mortgages. A year because the bank has to undergo a credit rating process first.

Why would KCB post a eurobond as opposed to getting loans from lenders at below the Kenya bond rate? If KENGEN can get a loan at 3% per annum why would KCB borrow on the eurobond bench mark of 5.8 and 6.3?
Just wondering?
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