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Bank lending rate vs CBK rate

Kenya banks: average lending rate

14.40%

Kenya banks: average lending rate, last 24 months: 17.15% on Oct 2024 to 14.40% on Sept 2026; low 14.34%, high 17.22%

up +6 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 lending rate
  • Central Bank Rate (Kenya) · 2 stored readings in this window

Kenya banks: average lending 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: +5.65 percentage points (Bank lending rate 14.40% 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.

DateBank lending rateCBK rate
8 Oct 2026—8.75%
6 Oct 2026—8.75%
1 Sept 202614.40%—
1 Aug 202614.34%—
1 Jul 202614.39%—
1 Jun 202614.38%—
1 May 202614.50%—
1 Apr 202614.69%—
1 Mar 202614.70%—
1 Feb 202614.78%—
1 Jan 202614.81%—
1 Dec 202514.82%—
1 Nov 202514.88%—

Sources: Kenya banks: average lending rate, Central Bank of Kenya (weighted average lending 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.

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