The cut in lending rates comes ahead of next week’s rate-setting meeting by the CBK’s Monetary Policy Committee—the first ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
The Central Bank of Kenya’s Monetary Policy Committee (MPC) meets Wednesday to set the rate on the back of lowering interest ...
STOCKHOLM–Sweden’s central bank lowered its key interest rate on Wednesday, with policymakers signaling they might be finished with their monetary policy easing. The Riksbank cut its key ...
India's banking sector is experiencing slow loan growth and margin pressure due to high interest rates. Loan growth is ...
defying CBK’s calls to lower rates. This, even as appetite for government securities remained high amid guaranteed returns as banks continued to balance returns on investment, in a market that ...
KBA has called on the CBK to further reduce the Central Bank Rate (CBR ... in lending rates consistent with risk-based credit pricing by banks; thereby constraining credit growth." Therefore, the KBA ...
Experts have pointed out that if the RBI slashes the repo rate by 25 basis points and brings it to 6.25% as expected, ...
If implemented, the reserve requirement would require big banks to hold 5% of their funds in reserve instead of lending them out. Remolona said the central bank ... How interest rate hikes impact ...
Commercial and merchant banks increased their deposits to CBN by 627.17%, amounting to N9.39 trillion in January 2025, ...
Commercial banks in Kenya lowered loan interest rates in December 2024 after the Central Bank of Kenya (CBK) reduced the base lending rate to 11.25% CBK report indicated that the average lending rate ...