Multinationals, Tier One Banks Slash Borrowing Costs as Small Banks Hold High Ground

Average commercial bank lending rates in Kenya maintained a downward trajectory through June 2026, dropping to 14.38% from 14.49% in May, according to the latest interest rate data released by the Central Bank of Kenya (CBK).•The data reveals a stark divergence in credit pricing strategies across tier-one institutions and smaller lenders, highlighting how individual bank liquidity and risk appetites are shaping credit market dynamics.