Provision of consultancy services to conduct a study on the cost of collateral in Kenya

  Address - Kenya

  Contact details - 565656565

  Tender notice no. - 76454545

  GT Ref Id - 64512303

  Document Type - Tender Notices

Description - MARCH 22ND, 2023In 2009, the Central Bank of Kenya (CBK), the Kenya Bankers Association (KBA) and FSD Kenya commissioned a study to identify and document the collateralisation process and determine the costs associated with the steps involved. The st udy at the time identified constraints in the legal framework, registration of security interests and weak enforcement mechanisms that altogether, contributed more than 1% of the cost of credit secured by collateral.Several reforms have since taken place following the study. Notably, a new secured transactions regime was established with the enactment of the Movable Property Security Rights Act 2017 (MPSR Act) and the deployment of an electronic

Gt Ref Id - 64512303

Deadline - Apr 13, 2023