CBK Cuts Lending Rate to 9.75%, First Time Below 10% in Two Years
[Nairobi Wire - Kenya] - 13/06/2025
The Central Bank of Kenya (CBK) has lowered its benchmark lending rate to 9.75 percent, stepping up efforts to make loans more affordable and energize the economy. This is the first time in two years that the rate has returned to single digits, signaling a turning point in the country’s monetary (…)
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