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How CBK retaining lending rate will affect Kenyan households | Collector
How CBK retaining lending rate will affect Kenyan households

How CBK retaining lending rate will affect Kenyan households

Kenyan households are set to get some relief on loans after the Central Bank of Kenya (CBK) retained its benchmark lending rate at 8.75 per cent, a move expected to keep borrowing costs stable despite rising inflationary pressures. The decision means commercial banks are unlikely to significantly increase interest rates on existing and new loans […]

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