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

Equity Bank to cut loan rates, urges further CBK action

Vocalize Pre-Player Loader

Audio By Vocalize

Equity Life Assurance Limited Managing Director Angela Okinda, Equity Group Managing Director and CEO Dr James Mwangi and Group Operating Officer Samwel Kirubi during the Q3 2024 Investor Briefing event on Sept 30, 2024. [Wilberforce Okwiri, Standard]

Equity Group chief executive James Mwangi yesterday welcomed the Central Bank of Kenya's (CBK) recent decision to lower interest rates, adding that the bank itself also plans to pass on these benefits to customers by reducing its own interest rates within the next seven days.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
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
By AFP 3 hrs ago
Business
France says G7 finance talks 'frank, sometimes difficult'
Business
Africa banks on continental trade agreement to rev up investments
Shipping & Logistics
How 300 containers were stolen from Mombasa port
By John Muia 8 hrs ago
Enterprise
800 youth benefit from 'Glam on Wheels' Initiative