Bank Lending Rate in Kenya decreased to 12.38 percent in November from 12.43 percent in October of 2019. Kenya Bank Lending Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Bank Lending Rate in Kenya averaged 16.17 percent from 1971 until 2019, reaching an all time high of 32.28 percent in April of 1994 and a record low of 9 percent in January of 1972. This page provides - Kenya Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: IMF

Bank Lending Rate in Kenya is expected to be 12.47 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Kenya to stand at 12.22 in 12 months time. In the long-term, the Kenya Bank Lending Rate is projected to trend around 11.72 percent in 2021, according to our econometric models.


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Kenya Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
12.38 12.43 32.28 9.00 1971 - 2019 percent Monthly


Kenya Bank Lending Rate
In Kenya, the bank lending rate is the upper rate of interest charged on unsecured loans by commercial banks to private individuals and companies.