Topic: CBR
Kenyan banks cut their lending rates to a four-month low amid pressure from CBK
Feb 14, 2025 at 10:19 AM
Kenyan borrowers are set to benefit from lower interest rates after most commercial banks slashed their lending rates to a four-month low....
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Equity Bank slashes lending rates again after CBK latest monetary policy review
Feb 12, 2025 at 08:55 PM
Equity Bank Kenya has announced a reduction in interest rates on all Kenya Shilling-denominated loans, both new and existing, in response to the Central Bank of Kenya’s (CBK) lat...
CBK cuts CRB lending rate to 10.75 per cent in bid to spur economic growth
Feb 06, 2025 at 12:37 AM
The Monetary Policy Committee (MPC) of the Central Bank of Kenya (CBK) has announced a reduction in the Central Bank Rate (CBR) by 50 basis points, lowering it to 10.75 per cent fr...
Kenya Bankers Association calls for CBK to lower CBR to boost credit access
Jan 30, 2025 at 08:37 PM
The Kenya Bankers Association (KBA) has called on the Central Bank of Kenya (CBK) to lower the Central Bank Rate (CBR) to ease access to credit and support economic growth, citing ...
Kenyan banks undertake to lower their interest rates in line with CBK directive
Dec 09, 2024 at 07:55 PM
Kenya’s banking industry is gearing up to reduce lending rates in a move to tackle the persistent challenges of high borrowing costs, as announced by the Kenya Bankers Associatio...
I&M Bank also reduces its lending rates
Dec 02, 2024 at 10:11 AM
I&M Bank has announced a 0.75 per cent reduction in its interest rates, following the Central Bank of Kenya's (CBK) recent decision to lower the Central Bank Rate (CBR)....
CBK cuts interest rates to 12 per cent to spur economic growth, tame inflation
Oct 08, 2024 at 11:09 PM
In a move that is expected to stimulate economic growth and provide relief to borrowers, the Central Bank of Kenya (CBK) has announced a reduction in the Central Bank Rate (CBR)....
Kenya poised for economic shift as central bank rate expected to drop
Sep 27, 2024 at 02:14 PM
Kenya’s financial landscape may soon witness a significant shift, with analysts forecasting a potential 0.5 per cent reduction in the Central Bank Rate (CBR)....
Central Bank targets Sh30 billion from reopened 10-year bonds auction
Sep 27, 2024 at 12:39 AM
The Central Bank of Kenya (CBK) has unveiled an ambitious plan to raise Sh30 billion from the reopening of two 10-year bonds, as it seeks to attract investors amid soaring interest...
Optimistic CBK lowers CBR to 12.75 per cent in effort to boost economic growth
Aug 06, 2024 at 11:34 PM
In a bid to stimulate economic growth while preserving financial stability, the Central Bank of Kenya (CBK) has announced a reduction in the Central Bank Rate (CBR) to 12.75 per ce...
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