CBK interest rates Stories

Relief for Kenyan consumers as benchmark lending rate expected to be slashed again
Alfred Onyango  |  Dec 27, 2024

The projection is pegged on the move by the United States central banking system, the Federal Reserve, to enact the third consecutive interest rate cu...

Kenya Bankers Association urges CBK to lower rates to make loans cheaper
Lucy Mumbi  |  Dec 02, 2024

The KBA noted that inflation has remained low, and the economy is stable, making it an opportune time for the CBK to cut its benchmark rate.

High loan interest rates push more Kenyans to local credit arrangements
Alfred Onyango  |  Oct 29, 2024

Experts argue that the venture is often appealing because it typically comes with lower or no interest rates compared to formal loans from banks.

Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.