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August 12, 2025
2d ago

Kenyans to Enjoy Cheaper Loans After CBK Decision

Kenyans to Enjoy Cheaper Loans After CBK Decision

The decision was made following a meeting on Tuesday...

✨ Key Highlights

The Central Bank of Kenya (CBK) has lowered its lending rate, a move expected to result in cheaper loans for Kenyans. This decision comes as the country's economy shows signs of recovery following last year's protests.

  • The CBK cut the Central Bank Rate (CBR) by 25 basis points to 9.50 per cent from 9.75 per cent.
  • The decision was made by the Monetary Policy Committee (MPC) during its meeting held on August 12, 2025.
  • This new rate is in line with the country’s lowest ever and aims to bring hope for borrowers seeking more affordable credit.

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