Kenya launches company provide banks with long term funds

Kenya launches company provide banks with long term funds. Government affordable housing plan through Kenya Mortgage refinance company Part 2

Kenya launches company provide banks with long term funds video duration 5 Minute(s) 7 Second(s), published by CGTN Africa on 28 05 2019 - 15:29:48.

It isn't just Kenya's mortgage market that is constrained
Central Bank data shows that lending to the building and construction sector posted annual growth of The housing scheme has been spearheaded by the president Kenyatta
The shareholders of this new company are treasury alongside seven banks,World bank .

. KCB Mortgage advice Watch KTN Live http://www.ktnkenya.tv/live Follow us on http://www.twitter.com/ktnkenya Like us on http://www.facebook.com/ktnkenya LiveStreamKenya #KenyanNews #LiveinKenya SUBSCRIBE to our YouTube channel for more great videos: https://www.youtube.com/ Follow us on Twitter: .

It isn't just Kenya's mortgage market that is constrained. Central Bank data shows that lending to the building and construction sector posted annual growth of just 2.6% in February. In the real estate segment, it shrunk for the 3rd month in a row, contracting by 2.9% year-on-year. Earlier Interim CEO of the Kenya Mortgage Refinancing Company, Johnstone Oltetia spoke with CGTN.

Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY

Follow us on:

Facebook: https://www.facebook.com/cgtnafrica/
Twitter: https://twitter.com/cgtnafrica
Instagram: https://www.instagram.com/cgtn_africa/