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April 8, 2026
1h ago

CBK Releases Lending Rate Affecting All Loans

CBK Releases Lending Rate Affecting All Loans

The decision comes at a time when global economic risks have intensified following the conflict in the Middle East, which has disrupted global supply chains and driven up international energy prices...

✨ Key Highlights

The Central Bank of Kenya (CBK) has decided to maintain the benchmark lending rate at 8.75 per cent, offering potential relief for borrowers amidst global economic uncertainties.

  • The Monetary Policy Committee (MPC) opted to keep the Central Bank Rate (CBR) unchanged at 8.75 per cent.
  • The decision was announced by the Central Bank of Kenya following its April 8, 2026 meeting.
  • This move comes as global economic risks intensify due to the conflict in the Middle East, impacting supply chains and energy prices, while Kenya's inflation remains stable at 4.4 per cent.

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