×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

Banks with the priciest, cheapest loans revealed in analysis

Vocalize Pre-Player Loader

Audio By Vocalize

Co-operative Bank headquarters in Nairobi. [David Njaaga, Standard]

Data from the Central Bank of Kenya (CBK) reveals a competitive landscape among Tier-I banks, particularly regarding long-term loan offerings, with interest rates generally ranging between 13 per cent and 18 per cent for major lenders.

Among the top three Tier-I banks by asset value and market share, Co-operative (Co-op) Bank maintains competitive rates, with personal loans at 15.54 per cent business loans at 16.14 per cent, and corporate loans at 15.63 per cent.

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
By AFP 3 hrs ago
Football
Slot in the firing line as Liverpool collapse to PSG
Sports
Star-studded line-up sets stage for tight race at Kip Keino Classic
By AFP 9 hrs ago
Sports
Atletico 'ready' for Champions League success at last
By AFP 11 hrs ago
Sports
Ekitike injury 'looks really bad', says concerned Slot