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Bank savings rate vs CBK rate

Kenya banks: average savings rate

3.53%

Kenya banks: average savings rate, last 24 months: 4.48% on Oct 2024 to 3.53% on Sept 2026; low 3.09%, high 4.48%

down −1 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 savings rate
  • Central Bank Rate (Kenya) · 2 stored readings in this window

Kenya banks: average savings 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: −5.22 percentage points (Bank savings rate 3.53% 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 savings rateCBK rate
8 Oct 2026—8.75%
6 Oct 2026—8.75%
1 Sept 20263.53%—
1 Aug 20263.54%—
1 Jul 20263.53%—
1 Jun 20263.32%—
1 May 20263.23%—
1 Apr 20263.31%—
1 Mar 20263.22%—
1 Feb 20263.17%—
1 Jan 20263.18%—
1 Dec 20253.22%—
1 Nov 20253.67%—
1 Oct 20253.76%—
1 Sept 20253.77%—
1 Aug 20253.61%—

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