Central Bank Lists Banks With The Lowest Loan Interest Rate

Gideon Barasa 6 months ago

The Central Bank of Kenya (CBK) has published commercial bank’s average interest rates for July 2025.

CBK announced on Tuesday, September 9, that the average lending interest rate was 15.24 while the average deposit rate was 8.07.

According to the latest review, Citibank N.A Bank stands out as the financial institution with the cheapest interest rate set at ten point five nine percent (10.59%).

At a very close range, Stanbic Bank Kenya Limited are tied for second place with 12.30%.

Standard Chartered Bank follows in the third place with (12.81%). Ecobank Kenya Limited (12.87%) joins them, creating a select group of big local and foreign banks that are in a fierce competition for the best, low-risk borrowers.

Premier Bank of Kenya offers (14.97%)and Consolidated Bank of Kenya (13.91%). Following closely behind them are a number of significant players, such as Kingdom Bank Limited (15.92), Equity Bank Kenya Limited (14.92%) and Bank of India offers (14.95%).

CBK Bank Reveals Overall Interest above 15 Percent

Bank of Baroda (Kenya) Limited offers (15.10%) Victoria Commercial Bank PLC offers offers (15.39%), DIB Bank Kenya Limited offers (15.35%) and Guaranty Trust Bank, K Ltd all offers (15.70%).

They are followed by National Bank of Kenya Limited offers (15.91%), UBA Bank Kenya Limited (16.51%) and Kingdom Bank Limited with (15.92%).

Family Bank Limited offers (15.98%), Co-operative Bank of Kenya (16.01%), African Banking Corporation Limited offers (16.40%).

I & M Bank Limited offers (16.00%), Development Bank of Kenya Limited offers (16.67%) and Sidian Bank Limited both offers (17.49%).

SBM Bank Kenya Limited offers (17.92%).

Commercial International Bank (CIB) Kenya Limited offers (18.83%), Middle East Bank (K) Limited offers (18.91%) and HFC Limited offers (19.03%).

Access Bank (Kenya) PLC and Credit Bank PLC finishes with high rates of 19.42 and 19.44 respectively.