Banks Slash Loan Rates After CBK Cuts Base Rate to 10%

[Nairobi Wire - Kenya] - 22/04/2025
Commercial banks in Kenya have begun lowering their lending rates following the Central Bank of Kenya’s (CBK) recent move to slash its base rate by 75 basis points, bringing it down to 10 percent. The regulator announced the cut as part of efforts to boost private sector activity and make credit (…)
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