The Central Bank of Kenya has published interest rates that were charged by banks for loans in April 2025.

In the report released on Tuesday, June 3, Citibank Kenya offered the cheapest interest rate of 10.82 per cent, followed by Stanbic Bank Kenya at 12.92 per cent.

The Standard Chartered Bank Kenya has its interest rate at 13.50 per cent, followed by Ecobank Kenya at 13.59 per cent.

The April interest rate for Guardian Bank was put at 13.59 per cent, while that of the Consolidated Bank of Kenya was put at 13.60 per cent.

Other affordable rates below 16 per cent were: Paramount Bank Limited (14.62 per cent), Kingdom Bank (14.77 per cent), Equity Bank (14.91 per cent), Premier Bank (15.06 per cent), Gulf African Bank (15.16 per cent) Habib Bank (15.26 per cent) and Bank of Baroda (15.41 per cent).

Bank of India (15.44 per cent), Guaranty Trust Bank (15.50 per cent), Victoria Commercial Bank (15.66 per cent), NCBA Bank (15.74 per cent), National Bank of Kenya (15.74 per cent) and Diamond Trust Bank (15.97 per cent) had their rates below 16 per cent.

Meanwhile, the Cooperative Bank of Kenya has its interest rates at 16.09 per cent, while KCB Bank set its interest rate at 16.09 per cent.

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Other notable banks were Development Bank (16.12 per cent), Absa Bank (16.34 per cent), Prime Bank (16.40 per cent), Family Bank (16.41 per cent), and M-Oriental Bank (16.75 per cent).

Banks that had their interest rates above 17 per cent were:

• DIB Bank – 17.10 per cent
• UBA Bank – 17.11 per cent
• African Banking Corporation – 17.31 per cent
• I & M Bank – 17.36 per cent
• Sidian Bank – 17.72 per cent
• Bank of Africa – 18.02 per cent
• SBM Bank Kenya – 18.17 per cent
• HFC Bank – 18.99 per cent
• Credit Bank Kenya – 19.45 per cent
• Access Bank – 19.77 per cent
• Commercial International Bank – 20.22 per cent
• Middle East Bank Limited – 20.49 per cent