Hopes for Cheaper Bank Loans Shattered as CBK Maintains Base Rate
The Central Bank of Kenya (CBK) has retained its benchmark lending rate at 8.75 % as policymakers assess emerging inflation ...
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Tag: Monetary Policy Committee
CBK Lowers Lending Rates Again
The Central Bank of Kenya (CBK) has lowered its benchmark lending rate again, offering fresh relief to borrowers. The Monetary ...
Banks Issued With Ultimatum to Implement New Model for Setting Lending Rates
All commercial banks in Kenya will be expected to implement the new proposed banking sector Risk-Based Credit Pricing (RBCP) model, ...
Diamond Trust Bank Reduces Interest Rates on New and Existing Loans
The Diamond Trust Bank (DTB) has lowered its lending rates on both new and existing loans after the reduction of ...
Kenyans to Enjoy Cheaper Loans as CBK Lowers Interest Rates on Loans Again
The Central Bank of Kenya (CBK) has lowered the Central Bank Rate (CBR) again following a Monetary Policy Committee (MPC) ...