ceiling

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ceiling

Vox populi A maximum, upper limit. See Glass ceiling, Nondisclosure ceiling.
References in periodicals archive ?
The credit squeeze to SMEs is a deliberate effort by commercial banks to sabotage the economy so that the government may influence Parliament to remove the interest rate caps," Mr Njomo said.
Coupling IFRS 9 with the impact the interest rate cap has had, I think the two will probably curtail growth in specific segments.
As the interest rate cap marks a year since it came into force, an inter- nal CBK study has already indicated tougher times for the banking sector and the multiple ripple effects on the Kenyan economy.
The impairments, approved by President Uhuru Kenyatta, include a loan rate cap of four per cent above the Central Bank of Kenya (CBK) benchmark rates (CBR), which stood at 10.
If a 36 percent rate cap is right for military families, it's right for every family.
In January, the Legislature will take up House Bill 267, a bill placing an interest rate cap of 36 percent APR on payday and auto title loans.
Since the cost to purchase options changes on a daily basis, the client should expect renewal rate caps to change, to some degree, every year.
Three aspects of the rate caps put their effectiveness in doubt.
In addition, the amount of interest expense would be subject to the interest rate caps based on Moody averages.
The collateral manager notified Fitch of its intention to extend the maturities of interest rate caps currently in place in order to hedge Tenzing's floating-rate liabilities against potential future rises in interest rates.
Kenya needs a lot more fiscal consolidation which must be preceded by an attempt to fix the interest rate cap issue which is an unnecessary drag on growth that the Kenya economy does not need.
Kenya's leading banks are better placed than their smaller competitors to manage the fall in profitability and rise in loan impairments likely to arise from proposed new rate caps, Fitch Ratings says.