CBK benchmark rate Stories

Bleak outlook as CBK reveals one in three firms won’t hire in 2025
Maureen Kinyanjui  |  Jun 18, 2025

Data from the Kenya National Bureau of Statistics shows that 782,300 new jobs were created in 2024, a drop from 848,100 the year before.

CBK proposes new license fee structure for banks
Alfred Onyango  |  Mar 11, 2025

In the first year of implementation, CBK plans to set the rate at 0.6 per cent.

Relief for borrowers as Kenyan banks reduce lending rates after CBK push
Maureen Kinyanjui  |  Jan 30, 2025

This change comes in response to pressure from the banking regulator, signalling a potential shift in the lending landscape.

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