×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Lenders freeze loans as CBK cuts benchmark rate

Vocalize Pre-Player Loader

Audio By Vocalize

Despite the Central Bank of Kenya (CBK) cutting its key lending rate, banks are tightening their lending standards, deepening concerns about the availability of credit to businesses and households.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
Pension assets in fixed deposits drop 11pc on low interest rates
Business
Why fuel prices have remained unchanged despite attacks on Iran
Business
Fuel prices remain unchanged despite Middle East tensions
Business
Full-in tray for reappointed nuclear agency chair