Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Depositors in top banks lose Sh63.7bn in a year as rates dip
Latest CBK data shows deposit rates have fallen further to 6.82 percent as of February this year, marking a 0.31 percentage points drop since December. Over the same period, lending rates have eased by 0.06 percentage points to 14.78 percent, expanding banks’ margin further.
Kenyans with money to keep in the country’s top nine banks saw returns drop Sh63.7 billion last year as lenders cut savings rates more aggressively than lending rates in a push to boost profits.
Analysis of banks’ financial results for the year ended December 2025 show the top lenders paid Sh201.83 billion to depositors from Sh265.53 billion a year earlier, a 23.9 percent drop.
