ceiling

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Related to Interest Rate Caps: Interest rate cap and floor, Interest Rate Floors

ceiling

Vox populi A maximum, upper limit. See Glass ceiling, Nondisclosure ceiling.
References in periodicals archive ?
On interest rate caps, Ms Ndungu's view is: "While the interest rate caps have been a pain to the banking sector in Kenya, the East African region has been grappling with increasing non-performing loans (17.4% in Burundi, 12.4% in Kenya, 8.2% in Tanzania and Rwanda, 6.2% in Uganda), primarily on account of the high interest rates in neighbouring countries and inadequate risk assessment, which could affect economic growth in the region adversely.
"There has been pressure to make this stronger, through the form of interest rate caps, and Liberal Democrat parliamentarians have got amendments down in Parliament.
The most common types of interest rate derivatives include interest rate swaps, interest rate caps, basis swaps, and rate locks.
When interest rate caps were scrapped in our state in 1999, the legislative history shows that the Legislature expected interest rates to go up to only 20 to 25 percent.
What the payday lenders really want is for Oregon to turn back the clock to 1981, when the state lifted all of its interest rate caps on consumer loans.
In addition, the amount of interest expense would be subject to the interest rate caps based on Moody averages.
The previous installment of this overview of derivative products, which appeared in Government Finance Review in February 1993, discussed interest rate caps, floors and collars.
Kenya Bankers Association chief executive Habil Olaka said CBK's initiatives such as raising the cash ratio, government support by easier resolution in case of debt defaulting will push commercial banks to undertake initiatives to reverse the effect of interest rate caps.
Shares in Kenyan banks increased in value after a court ruled that interest rate caps are unconstitutional, according to Reuters.
The company's less diverse retail business model and limited pricing power (due to regulatory interest rate caps on what payroll lenders can charge) could increase the entity's vulnerability to external factors and the operating environment.
Access to credit has been difficult since the introduction of interest rate caps on bank loans in 2018.A number of beneficiaries have established businesses, joining the much-needed pool of micro, small- and medium-sized enterprises (MSMEs).
An increase of non- performing loans has already elicited worry from the International Mon- etary Fund (IMF), which has asked the CBK to be vigilant and requested that the Treasury remove the interest rate caps as small banks and borrow- ers are facing a crunch time.