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Equity Bank reduces interest rates for Kenya shilling-denominated loans

Dr James Mwangi, Group Managing Director and CEO, Equity Group Holdings

Equity Bank has reduced interest rates on all new and existing Kenya shilling-denominated credit facilities. The move follows the Central Bank of Kenya’s (CBK) recent decision to lower the Central Bank Rate (CBR) from 12.75% to 12.0%. The rate reduction was implemented on Monday, November 18, 2024, marking the second such adjustment in the past […]