Monetary Policy Committee cuts Central Bank Rate by 25 basis points to 8.75%

CBK Cuts Lending Rates Again in Relief to Borrowers

The Central Bank of Kenya (CBK) has reduced its Central Bank Rate (CBR) by 25 basis points to 8.75 percent, effective February 10, 2026. This move by the Monetary Policy Committee (MPC) aims to stimulate private sector lending and bolster economic growth in Kenya.

CBK faces tough balancing act on loan costs ahead of 2027 polls

The Central Bank of Kenya (CBK) is set to make a critical decision on interest rates, navigating a complex economic landscape ahead of the 2027 General Elections.

Bankers Issue Warning to CBK Over Cheaper Loans

The Kenya Bankers Association (KBA) has urged the Central Bank of Kenya (CBK) to maintain its current benchmark lending rate of 9 per cent at the upcoming Monetary Policy Committee (MPC) meeting on Tuesday, February 10. This recommendation comes amidst concerns over rising inflation risks, particularly from volatile food prices.

Bankers want CBK to hold rate at 9pc ahead of MPC

The Kenya Bankers Association (KBA) has urged the Central Bank of Kenya (CBK) to maintain the benchmark lending rate at 9 percent ahead of the upcoming Monetary Policy Committee (MPC) meeting. The KBA believes keeping the rate unchanged will allow for the full transmission of previous cuts and facilitate a smooth transition to risk-based lending.