JUST IN: DP Kindiki Announces Further Reduction in Bank Lending Rates 

  Deputy President Kithure Kindiki has announced that banks will reduce their base lending rates again in March 2025, continuing a trend that started last year. Kenyan banks have been lowering their lending rates after the Central Bank of Kenya (CBK) cut its base lending rate for the fourth time this month, aiming to stimulate lending to the private sector. According to Kindiki, these rate cuts will push banks to seek out Kenyans to offer loans. “These interest rates you have seen Equity Bank, Cooperative Bank, and KCB reducing by between 2 and 3 percent, next month they will go down
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