The Central Bank of Kenya has published average bank lending rates on its website showing the most expensive and least expensive lenders.
Housing Finance and Family Bank had the lowest loan rates in the last quarter of 2015 while Middle East Bank and Guaranty Trust Bank were the most expensive.
Cheapest Lenders for business loans in Kenya
Bank | Interest Rate |
UBA Kenya | 15.2% |
Gulf African Bank | 16% |
First Community Bank | 16.8% |
Diamond Trust Bank | 17.2% |
Bank of India | 17.5% |