Kenya banks: average deposit rate
6.94%
up +3 bpsvs Aug 2026
As of Sept 2026 · Source: Central Bank of Kenya
Central Bank Rate (Kenya)
8.75%
unchanged unchangedvs reading of 6 Oct
As of 8 Oct 2026, confirmed 4 Nov 2026 · Source: Central Bank of Kenya
Chart
Side by side
% a year, one axis.
- Kenya banks: average deposit rate
- Central Bank Rate (Kenya) · 2 stored readings in this window
Kenya banks: average deposit rate against Central Bank Rate (Kenya), each from its own stored history. Both are in % a year, so they share one axis. Share this page and the same pair opens.
Latest gap: −1.81 percentage points (Bank deposit rate 6.94% on Sept 2026 minus CBK rate 8.75% on 8 Oct 2026)
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Suggested pairs: 91-day bill vs CBK rate91-day bill vs Money market funds (median)364-day bill vs Bank deposit rate91-day bill vs 364-day bill364-day bill vs Nigeria 364-day billBank lending rate vs Consumer prices (CPI)
Figures
The prints behind the chart
Newest first; a dash where one series has no print that day.
| Date | Bank deposit rate | CBK rate |
|---|---|---|
| 8 Oct 2026 | — | 8.75% |
| 6 Oct 2026 | — | 8.75% |
| 1 Sept 2026 | 6.94% | — |
| 1 Aug 2026 | 6.91% | — |
| 1 Jul 2026 | 6.93% | — |
| 1 Jun 2026 | 6.84% | — |
| 1 May 2026 | 6.80% | — |
| 1 Apr 2026 | 6.88% | — |
| 1 Mar 2026 | 6.86% | — |
| 1 Feb 2026 | 6.92% | — |
| 1 Jan 2026 | 7.03% | — |
| 1 Dec 2025 | 7.13% | — |
| 1 Nov 2025 | 7.28% | — |
Sources: Kenya banks: average deposit rate, Central Bank of Kenya (weighted average deposit rate across commercial banks); Central Bank Rate (Kenya), Central Bank of Kenya (Central Bank Rate, as printed on the bank’s website). Each line shows only the prints Afronomics has stored; a series with fewer than three in the window is drawn as points. Information, not advice.