Access Bank becomes third lender to review loan pricing

The Central Bank of Kenya, Nairobi. FILE PHOTO | DENNIS ONSONGO | NMG

Access Bank has increased in its loan pricing in line with the new benchmark rate announced by the Central Bank of Kenya (CBK), becoming the third lender after Equity and NCBA to raise the costs credit.

In a notice published on Monday, the Nigerian lender said that it will adjust its lending rate to 14.63 percent up from the current 14.22 percent with effect from August 8.

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