The Kenya Bankers Association (KBA) is urging the Central Bank of Kenya (CBK) to maintain the benchmark policy rate at 8.75 per cent ahead of tomorrow's Monetary Policy Committee (MPC) meeting.

• The KBA cites rising global risks and pressure on inflation and the exchange rate as reasons to hold the rate steady.
• Key stakeholders include the Kenya Bankers Association (KBA) and the Central Bank of Kenya (CBK).
• Previous cuts to the Central Bank Rate (CBR) have aimed to boost private sector credit, but structural challenges and increased lending risks persist.