CBK has maintained the benchmark lending rate at 8.75 per cent for the third consecutive time since February, citing a positive outlook on the country's economic growth.

The average lending rate by commercial banks stood at 14.3 percent in July 2026, falling from 14.4 percent in June and 17.2 percent in November 2024.

Kenya’s central bank has kept its benchmark interest rate at 8.75 percent for a third consecutive meeting, saying the current policy...