The Central Bank of Kenya has reduced its base lending rate by 0.5% to 12.5%, signalling potential relief for borrowers as borrowing costs are expected to decrease.| Tuko.co.ke - Kenya news.
The CBK lowered the Central Bank Rate to 10.75% and the Cash Reserve Ratio to 3.25% to boost credit access, urging banks to cut lending rates or face penalties.| Tuko.co.ke - Kenya news.
The Central Bank of Kenya (CBK) has ordered banks to reduce lending rates or face penalties, aiming to make credit more affordable for borrowers.| Tuko.co.ke - Kenya news.
Central Bank of Kenya (CBK) report indicated that the average lending rate for commercial banks dropped to 16.89% in December 2024 from 17.22% in November 2024.| 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 has reduced its base lending rate to 10% from 10.75% signalling potential relief for borrowers through lower loan costs.| Tuko.co.ke - Kenya news.
