Central Bank Rate Stories

CBK, commercial banks disagree over benchmark for determining lending rates
Maureen Kinyanjui  |  Apr 24, 2025

The banks argue that after interest rate caps were introduced on interbank lending, the use of this rate as a base would be more responsive to market...

CBK cuts benchmark rate by 75 basis points to 12.0 per cent on easing inflation
Alfred Onyango  |  Oct 09, 2024

This is a 75 Basis Points slash, a larger cut compared to August's review when the apex bank lowered the benchmark lending rate by 25 basis points fro...

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