Kenyan Banks reduce lending rates to stimulate economic growth
In February 2025, several banks in Kenya have announced a reduction in their lending rates following the Central Bank of Kenya's (CBK) ...
Saturday, March 22, 2025
Tag: Lending Rates
What an interest rate cut means and its economic implications
On 5th February, CBK lowered its benchmark rate by 50.0 basis points to 10.75% from 11.25%, marking the fourth consecutive reduction since August 2024, in ...
NCBA adjusts lending rates after Central Bank cuts rates
NCBA Bank Kenya has announced a downward revision of its base lending rates following the recent reduction of the Kenya ...
Lending rates continue upward climb, raising risks for borrowers
Commercial bank lending rates have surged to an 81-month high of 13.8% in August, according to data from the Central ...
CBK Retains Base Lending Rate At 7 PC For The 13th Consecutive Time
The Central Bank of Kenya (CBK) Monetary Policy Committee has retained the base lending rate at seven percent for the ...
