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Equity Bank calls for regulation of mobile lending apps

Monday 20 August 2018 | 09:28 CET | News
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Equity Bank has called on the Kenyan government to regulate micro-lending platforms to protect borrowers from high exposure rates. Mobile lending apps have especially become popular after the government capped interest rates, locking perceived risky borrowers out of the formal credit market. 

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Categories: Mobile & Wireless
Companies: Finserve Africa
Countries: Kenya
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