Tag: June 10 2025 Lowered to 9.75%

Regulating Responsiveness: CBK’s Warning to Banks

In April 2025, the Central Bank of Kenya (CBK) announced that it would begin imposing daily fines on banks that fail to adjust lending rates downward in line with recent reductions in the Central Bank Rate (CBR). This move is intended to ensure compliance with CBK’s risk-based credit pricing model and to ensure that monetary […]...