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KCB lowers lending rate to 14.6% amid CBK crackdown on non-compliant banks

Feb 11, 2025
3 mins read
KCB lowers lending rate to 14.6% amid CBK crackdown on non-compliant banks
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Kenya Commercial Bank (KCB), has lowered its lending rate from 15.6% to 14.6%, effective February 10, 2025. This move follows mounting pressure from the Central Bank of Kenya (CBK) asking commercial banks to cut lending rates in response to reductions in the benchmark rate.

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business
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business
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business
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business
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4 mins read

50,000 University Students Unable To Pay Fees Under New Funding Model

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