×
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

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.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
By Brian Ngugi 12 hrs ago
Business
Why Kenya's zero-tariff deal with China is up in the air
Business
Construction sector growth triples as road projects restart
Business
Tea market sells 8.4 million kgs in the weekly auction
Business
Kenyans face pain at the pump as Trump targets Venezuela oil