Bank Lending Rate in Kenya increased to 12.12 percent in October from 12.10 percent in September of 2021. source: IMF

Bank Lending Rate in Kenya averaged 16.01 percent from 1971 until 2021, reaching an all time high of 32.28 percent in April of 1994 and a record low of 9 percent in January of 1972. This page provides - Kenya Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kenya Bank Lending Rate - values, historical data and charts - was last updated on January of 2022.

Bank Lending Rate in Kenya is expected to be 13.12 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya Bank Lending Rate is projected to trend around 13.12 percent in 2023, according to our econometric models.

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Kenya Bank Lending Rate

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Bank Lending Rate 12.12 12.10 percent Oct/21
Kenya Bank Lending Rate
In Kenya, the bank lending rate is the upper rate of interest charged on unsecured loans by commercial banks to private individuals and companies.