Director of Research and Policy at Kenya Bankers Association Dr Samuel Tiriongo noted that the customer credit risk is currently elevated, pushing loan fees up.| Tuko.co.ke - Kenya news.
CBK lowered its base lending rate to 10% in April 2025, prompting major Kenyan banks like KCB, Equity, Cooperative, and Absa to reduce their loan interest rates.| Tuko.co.ke - Kenya news.
The Central Bank of Kenya (CBK) lowered the base lending rate, however, most commercial banks are offering loans to borrowers at a fee as high as 20% interest.| Tuko.co.ke - Kenya news.