CBK lending rate,cbk lending rates kenya Stories
Monetary Policy Committee (MPC) Chairman Kamau Thugge said the move is designed to sustain economic growth while keeping inflation and exchange rates...
According to the report, current mobile termination rates remain far above actual costs, favouring dominant firms like Safaricom and placing smaller o...
Kenya’s financial inclusion has soared, yet financially healthy households have nearly halved. A new 2025–2028 national strategy aims to curb debt, ga...
According to the findings, most firms still have unused capacity, allowing them to respond to surging demand without making large new investments.
The MPC said the decision aims to stimulate lending by banks to the private sector while ensuring that inflation expectations remain anchored and the...
Commercial banks argue that low inflation, a stable exchange rate and strained private sector credit make a strong case for further easing of the Cent...
Mobile lending apps lead in most markets, especially Uganda (37 per cent), Ghana (33 per cent), Kenya (30 per cent), Tanzania (27 per cent), and Niger...
Ecobank Kenya and Guardian Bank charged 12.96 per cent and 13.63 per cent, respectively, still below many other institutions.
The lifting of the moratorium on new banks and raising capital requirements could be the start of more changes in the Kenyan banking sector.
CBK said starting September 1, 2025, all new variable rate loans will be priced under the new framework, while existing variable rate loans will shift...
Kindiki said it showed that the country is beginning to overcome a decade of high interest rates that had weakened household incomes, slowed down priv...
This marks the seventh consecutive rate cut from the historic peak of 13.0 per cent, as the regulator reaffirms its commitment to boosting economic ac...
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.
In its proposal, CBK has emphasised the importance of operationalising policy decisions through tools like the interbank rate to ensure stronger trans...
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...
The slash is a 75 basis points cut and the fifth consecutive one from the decade high rate of 13 percent.
CBK Governor Kamau Thugge revealed that the regulator has initiated onsite inspections to ensure banks reduce their lending rates in line with the low...
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.
This announcement follows the CBK's latest reduction of its benchmark lending rate by 50 basis points, bringing it to 10.75 per cent from 11.25 per ce...
The bank has pledged to monitor the impact of these policy changes closely and take further action if necessary.
The data reflects a challenging business environment in a year marked by higher taxes and rising lending rates.
This change comes in response to pressure from the banking regulator, signalling a potential shift in the lending landscape.
The year 2024 experienced a series of interest rate hikes on loans, a crucial go-to remedy by households in times of constrained disposable incomes su...
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...
Experts argue that the venture is often appealing because it typically comes with lower or no interest rates compared to formal loans from banks.
Apex banks globally use the interest rates as either a gas pedal or a brake on the economy when needed.
Early this month, the CBK made some adjustments to the framework, tightening the gap between the interbank rates and the CBR.
