Kenya’s Ndung’u: long term financing key to housing sector growth

DO NOT USE central-bank-of-kenya-day

Njuguna Ndung'u, the governor of the Central Bank of Kenya, on Wednesday outlined several provisions in a government bill that will provide greater access to long term funding to boost the country's housing sector.

Ndung'u said long-term financing was one of the key drivers of economic growth but that access to housing was restricted due to a lack of long term financing, with most deposits being of a "short term nature". He estimated annual demand for housing units at about 150,000, while supply

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.