Bank Lending Rate in Kenya increased to 12.20 percent in April from 12.15 percent in March of 2022. source: IMF

Bank Lending Rate in Kenya averaged 15.98 percent from 1971 until 2022, 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 June of 2022.

Bank Lending Rate in Kenya is expected to be 12.20 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 12.70 percent in 2023 and 11.70 percent in 2024, according to our econometric models.

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Kenya Bank Lending Rate

Related Last Previous Unit Reference
Bank Lending Rate 12.20 12.15 percent Apr 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
12.20 12.15 32.28 9.00 1971 - 2022 percent Monthly