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Originally published by The Standard Business
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October 9, 2025
3h ago

Why wait for cheaper loans is taking long

Why wait for cheaper loans is taking long

Only one of Kenya’s 38 commercial banks has so far sought regulatory approval for a new, transparent loan pricing model, the CBK Governor Kamau Thugge revealed...

✨ Key Highlights

Only one of Kenya's 38 commercial banks has sought regulatory approval for a new, transparent loan pricing model, as revealed by CBK Governor Kamau Thugge on Wednesday. This slow adoption challenges a key reform by the banking regulator to make lending rates more responsive to monetary policy.

  • Only 1 out of 38 commercial banks has sought approval for the new loan pricing model.
  • The Central Bank of Kenya (CBK), led by Governor Kamau Thugge, is championing this reform.
  • The initiative aims to make lending rates more responsive to monetary policy.

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