The Central Bank of Kenya (CBK) has published a consultative paper on review of the Risk-Based Credit Pricing Model for review and comments by banks, mortgage finance company and the public by May 2, 2025.
The objective of the consultative paper is to convey CBK’s recommended common reference rate for determining lending rates in the Kenyan Banking Sector. The paper can be accessed under the link: https://www.centralbank.go.ke/wp-content/uploads/2025/04/CONSULTATIVE-PAPER-ON-REVIEW-OF-THE-RISK-BASED-CREDIT-PRICING-MODEL.pdf
Read the press release here…