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Loans

Business

KCB and Equity Bank Adjust Loan Rates Following Central Bank of Kenya CBR Cut

Donald Matiangi -
KCB Bank said the revision aligns with its recently adopted Risk-Based Credit Pricing Model (RBCPM), which came into effect on December 1, 2025.
Business

Ruto Announces Travel Loan Scheme to Support Kenyans Seeking Jobs Abroad

James Simiti -
Ruto said the plan will be implemented through the National Youth Fund and Uwezo Fund
Business

Cost of Borrowing in Kenya: CBK Data Ranks Banks from Cheapest to Most Expensive

Donald Matiangi -
Habib Bank AG Zurich turned out to be the cheapest option out there, while Sidian Bank topped the list of the most expensive
Business

Kenyan Borrowers Face Rising Costs as Commercial Banks Hike Interest Rates

James Simiti -
Analysts say the widening gap in borrowing costs across banks means consumers should shop for loans carefully.
Business

IMF Team Lands in Nairobi to Negotiate New Loan Deal and Successor Programme Talks

Donald Matiangi -
The talks will be to set up a successor arrangement after the premature end of the US$3.6 billion (Ksh465.2 billion) programme in March.
Business

Petition in Parliament Seeks Ban on Interest and Penalties Beyond Original Loan Amount

Donald Matiangi -
According to the petitioner this lack of clarity erodes public trust in the financial sector and violates constitutional rights under Article 46 which guarantees consumer protection.
Business

Youth Fund Rolls Out Business Loans of Up to Ksh5 Million for Young Entrepreneurs – How to Access

James Simiti -
YEDF outlined the step by step process to access these funds to empower youth across the country in various business sectors.