The Central Bank of Kenya (CBK) has announced the average commercial bank lending interest rates for February 2026.
In a notice dated April 7, CBK reports that lending rates across commercial banks ranged from 10.21% to 19.05% in February 2026, while deposit rates ranged from 3.88% to 11.45%.
The bank with the lowest lending rate in February 2026 was Citibank N. Kenya, which offered loans at 10.21%. On the other hand, the bank with the highest lending rate is Access Bank (Kenya) PLC at 19.05%.
CBK Lists Banks with Highest Loan Interest Rates
Several banks in Kenya recorded relatively high lending rates in February 2026. The banks with the lowest lending rates are Citibank N.A Kenya at 10.21 percent and Standard Chartered Bank Kenya Limited at 12.07 percent.
Additionally, Stanbic Bank Kenya Limited at 12.12 percent, Habib Bank A.G Zurich at 13.51 percent, Guardian Bank Limited at 13.79 percent, and ABSA Bank Kenya PLC at 13.87 percent are among the most affordable options for borrowers.
Banks With Lowest Interest Rates
On the other hand, the banks with the highest lending rates include Access Bank Kenya PLC at 19.05 percent, Credit Bank PLC at 18.41 percent, and Bank of Africa Kenya Limited at 18.20 percent.
SBM Bank Kenya Limited at 17.71 percent, HFC Limited at 17.39 percent, and Development Bank of Kenya Limited at 16.49 percent are also among the most expensive borrowing options.
Also Read: Win for Kenyans as CBK Lowers Lending Rates by 25 Basis Points
Table Showing Different Banks’ Lending Rates
Here is a simple breakdown of the banks’ lending rates:
| Bank Name | Lending Rate Feb-26 (%) |
|---|---|
| Citibank N.A Kenya | 10.21 |
| Standard Chartered Bank Kenya Limited | 12.07 |
| Stanbic Bank Kenya Limited | 12.12 |
| Habib Bank A.G Zurich | 13.51 |
| Guardian Bank Limited | 13.79 |
| ABSA Bank Kenya PLC | 13.87 |
| Bank of Baroda (Kenya) Limited | 13.87 |
| Prime Bank Limited | 13.97 |
| Consolidated Bank of Kenya Limited | 13.99 |
| Paramount Bank Limited | 14.00 |
| Gulf African Bank Limited | 14.15 |
| Bank of India | 14.28 |
| Victoria Commercial Bank PLC | 14.34 |
| Diamond Trust Bank Kenya Limited | 14.45 |
| Premier Bank Kenya Limited | 14.69 |
| I&M Bank Limited | 14.82 |
| M-Oriental Bank Limited | 14.97 |
| Equity Bank Kenya Limited | 14.98 |
| KCB Bank Kenya Limited | 15.19 |
| Kingdom Bank Limited | 15.19 |
| Ecobank Kenya Limited | 15.22 |
| Guaranty Trust Bank (K) Ltd | 15.26 |
| African Banking Corporation Limited | 15.36 |
| NCBA Bank Kenya PLC | 15.42 |
| Commercial International Bank (CIB) Kenya Limited | 15.43 |
| Co-operative Bank of Kenya Limited | 15.45 |
| UBA Kenya Bank Limited | 15.50 |
| National Bank of Kenya Limited | 15.64 |
| Sidian Bank Limited | 15.88 |
| Family Bank Limited | 15.98 |
| DIB Bank Kenya Limited | 16.40 |
| Middle East Bank (K) Limited | 16.44 |
| Development Bank of Kenya Limited | 16.49 |
| HFC Limited | 17.39 |
| SBM Bank Kenya Limited | 17.71 |
| Bank of Africa Kenya Limited | 18.20 |
| Credit Bank PLC | 18.41 |
| Access Bank (Kenya) PLC | 19.05 |
Also Read: Banks Slash Loan Interest Rates After CBK Move
CBK Lowers Lending Rates by 25 Basis Points
The Central Bank of Kenya (CBK) lowered the Central Bank Rate (CBR) again, marking the 10th straight cut since August 2024.
In a press release on Tuesday, February 10, CBK said that it lowered its benchmark lending rate by 25 basis points to 8.75 percent from 9.00 percent.
The lowering, which signals a continued shift toward a more accommodative monetary policy stance to support credit growth and economic activity, follows the MPC meeting on Tuesday.
“Having considered these developments, the Committee therefore concluded that there was scope for a further easing of the monetary policy stance by reducing the CBR by 25 basis points.”
