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Originally published by Capital Businessbusiness
October 16, 2025
6h ago
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.
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