Small lender Habib Bank AG Zurich is Kenya’s cheapest bank for borrowers seeking a Sh100,000 personal loan over a 12-month period while Sidian is the priciest, new data on the cost of credit shows.
Disclosures on a portal operated by the Kenya Bankers Association (KBA) show that Housing Finance Corporation, ABC Bank and Standard Chartered Bank are the other relatively cheap lenders while Guardian and Access Bank Kenya have the second and third costliest loans for the same facility.
