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Originally published by Capital Business
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business
February 10, 2026
22h ago

CBK lowers rate to 8.75pc to boost private sector lending

CBK lowers rate to 8.75pc to boost private sector lending

The Monetary Policy Committee (MPC) said the decision was informed by stable inflation, steady economic growth and continued stability in the foreign exchange market. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Central Bank of Kenya (CBK) has reduced its benchmark lending rate by 25 basis points to 8.75 percent. This decision aims to stimulate private sector credit and support economic growth in Kenya.

  • The Monetary Policy Committee (MPC) cited stable inflation of 4.4 percent in January 2026 and resilient economic growth of 4.9 percent in the third quarter of 2025 as reasons for the cut.
  • The CBK projects Kenya's real GDP growth to rise to 5.5 percent in 2026 and 5.6 percent in 2027.
  • Inflation is expected to remain below the midpoint of the target range of 5±2.5 percent in the near term.

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