NAIROBI (CU)_It is no secret that the COVID-19 pandemic has had a negative effect on economies across the globe, and has consequently affected financial positions of millions of individuals. This along with the critical housing deficit in Kenya, means that a large segment of the population in the East African nation is finding it difficult to secure homeownership. In response to these challenges, Standard Chartered Bank has decided to offer a new mortgage deal with a below-average rate.
Accordingly, new mortgage applicants, as well as those seeking to transfer their home loans to the multinational bank may access mortgages at…