C
Originally published by Capital Business
📰 Read Full Article
business
October 16, 2025
6h ago

Bank CEOs expect credit growth after CBK rate cut

Bank CEOs expect credit growth after CBK rate cut

NAIROBI, Kenya, Oct 16 - Kenyan bank chief executives expect lending to the private sector to rise following the Central Bank of Kenya’s (CBK) recent cut Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenyan bank chief executives anticipate an increase in private sector lending following the Central Bank of Kenya's (CBK) recent interest rate cut. This optimistic outlook is attributed to a stable macroeconomic environment and low inflation, as revealed by the CBK’s Market Perceptions Survey.

  • The CBK lowered the Central Bank Rate (CBR) by 25 basis points to 9.25 percent from 9.5 percent on October 7.
  • Governor **Kamau Thugge** stated the move aims to maintain price stability and anchor inflation expectations.
  • Credit growth could be constrained by reduced disposable incomes and cautious lending practices linked to the Risk-Based Pricing Model.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Related News