cbk lending rates kenya,kenya lending rates Stories

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 data reflects a challenging business environment in a year marked by higher taxes and rising lending rates.

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.