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Originally published by The Standard Business
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February 10, 2026
16h ago

CBK lowers rate amid push for more credit access

CBK lowers rate amid push for more credit access

The Central Bank of Kenya cut its benchmark interest rate on Tuesday and took technical steps designed to push commercial lending costs lower...

✨ Key Highlights

The Central Bank of Kenya (CBK) has lowered its benchmark interest rate, aiming to stimulate the economy and increase access to affordable credit ahead of the 2027 general elections.

  • The Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 8.75 per cent.
  • This marks the tenth consecutive cut since August 2024, following a similar reduction in December 2025.
  • This move is intended to deliver on political promises made by the Ruto administration regarding affordable credit.

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