cbk lending rates kenya Stories

Financial institutions are updating their contracts and improving monitoring systems to protect themselves from growing risks related to external serv...

New operating window will span from 7:00 am to 7:00 pm on all business days, four hours longer than the current schedule of 8:30 am to 4:30 pm.

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.

The slash is a 75 basis points cut and the fifth consecutive one from the decade high rate of 13 percent.

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

The Central Bank of Kenya (CBK) early this month scaled down its base lending rate by 0.5 per cent to 10.75 per cent.

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...

Early this month, the CBK made some adjustments to the framework, tightening the gap between the interbank rates and the CBR.

The survey found that high lending rates and tight credit underwriting are reducing the demand and uptake of new facilities.