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Private sector loans growth hits 6.3pc in November as interest rates decline
Central Bank of Kenya (CBK) Governor Kamau Thugge appears before the Senate Committee on Devolution and Intergovernmental Relations, chaired by Senator Mohamed Abass Sheikh at Bunge Tower, Nairobi on July 24, 2025.
Commercial banks’ lending to the private sector accelerated in November to 6.3 percent, marking the fastest pace in 19 months as improving credit conditions and lower borrowing costs spurred demand.
Central Bank of Kenya (CBK) data on Tuesday showed the latest private sector credit growth was from 5.9 percent in October.
