CBK Reveals Top 10 Banks with the Cheapest Loans 

The Central Bank of Kenya has revealed the interest rates charged by banks on loans for April 2026.

According to the data published on Thursday, June 4, the average interest rate for loans dropped to 14.69% in April 2026 as compared to 14.70% in March 2026.

In April, Citibank N.A Kenya offered the cheapest loan with an interest rate of 10.80%, followed by Standard Chartered Bank Kenya Limited at 11.64%.

The other banks in the top five were Habib Bank A.G Zurich (12.61%), Stanbic Bank Kenya Limited (12.70%) and Guardian Bank Limited (13.43%).

Conversely, Credit Bank has the most expensive loans with an interest rate of 17.83%.

The other banks with the most expensive loans were Kingdom Bank Limited (16.74%), HFC (17.07%), SBM Bank Kenya (17.53%), Bank of Africa Kenya (17.55%) and Access Bank Kenya (17.59%).

Here are the 38 banks and their interests for April 2026.

1. Citibank N.A Kenya – 10.80%
2. Standard Chartered Bank Kenya Limited – 11.64%
3. Habib Bank A.G Zurich – 12.61%
4. Stanbic Bank Kenya Limited – 12.70%
5. Guardian Bank Limited – 13.43%
6. Bank of Baroda (Kenya) Limited – 13.54%
7. ABSA Bank Kenya PLC – 13.71%
8. Paramount Bank Limited – 13.94%
9. Consolidated Bank of Kenya Limited – 14%
10. Prime Bank Limited – 14.02%
11. Bank of India – 14.04%
12. Guaranty Trust Bank (K) Ltd – 14.11%
13. Diamond Trust Bank Kenya Limited – 14.14%
14. Gulf African Bank Limited – 14.15%
15. Victoria Commercial Bank PLC – 14.37%
16. M-Oriental Bank Limited – 14.47%
17. Premier Bank Kenya Limited – 14.66%
18. I&M Bank Limited – 14.83%
19. KCB Bank Kenya Limited – 14.94%
20. Equity Bank Kenya Limited – 14.99%
21. Commercial International Bank (CIB) Kenya Limited – 15.10%
22. Sidian Bank Limited – 15.15%
23. Co-operative Bank of Kenya Limited – 15.26%
24. Ecobank Kenya Limited – 15,27%
25. NCBA Bank Kenya PLC – 15.29%
26. African Banking Corporation Limited – 15.55%
27. DIB Bank Kenya Limited – 15.79%
28. National Bank of Kenya Limited – 15.85%
29. Family Bank Limited – 15.89%
30. UBA Kenya Bank Limited – 16.11%
31. Development Bank of Kenya Limited – 16.15%
32. Middle East Bank (K) Limited – 16.17%
33. Kingdom Bank Limited – 16.74%
34. HFC – 17.07%
35. SBM Bank Kenya Limited – 17.53%
36. Bank of Africa Kenya Limited – 17.55%
37. Access Bank (Kenya) PLC – 17.59%
38. Credit Bank PLC – 17.83%

Interest Rates for Bank Deposits in April 2026

In April 2026, there was a slight increase in interest rates for deposits, with the average increasing from 6.86%, recorded in March, to 6.88%.

African Banking Corporation Limited is offering the highest rate at 11.01%, followed by Credit Bank PLC at 10.88% and Development Bank of Kenya at 9.76%. Other lenders among the top performers include Middle East Bank at 9.30% and Kingdom Bank at 9.08%.

At the lower end of the market, Standard Chartered Bank Kenya offers the lowest rate at 3.02%, followed by Citibank N.A Kenya at 4.18% and NCBA Bank Kenya at 4.99%. UBA Kenya Bank offers 5.38%, while HFC provides 5.99%

1. African Banking Corporation Limited - 11.01%
2. Credit Bank PLC - 10.88%
3. Development Bank of Kenya Limited - 9.76%
4. Middle East Bank (K) Limited - 9.30%
5. Kingdom Bank Limited - 9.08%
6. Paramount Bank Limited - 8.87%
7. SBM Bank Kenya Limited - 8.80%
8. Prime Bank Limited - 8.55%
9. Family Bank Limited - 8.23%
10. Sidian Bank Limited - 8.07%
11. Commercial International Bank (CIB) Kenya Limited - 7.99%
12. Victoria Commercial Bank PLC - 7.91%
13. Access Bank (Kenya) PLC - 7.64%
14. M-Oriental Bank Limited - 7.61%
15. Bank of Africa Kenya Limited - 7.50%
16. Bank of Baroda (Kenya) Limited - 7.45%
17. Guardian Bank Limited - 7.34%
18. I&M Bank Limited - 7.31%
19. National Bank of Kenya Limited - 7.25%
20. Premier Bank Kenya Limited - 7.13%
21. Stanbic Bank Kenya Limited - 7.03%
22. Bank of India - 7.04%
23. Consolidated Bank of Kenya Limited - 7.02%
24. Ecobank Kenya Limited - 6.93%
25. Guaranty Trust Bank (K) Ltd - 6.91%
26. Habib Bank A.G Zurich - 6.68%
27. Equity Bank Kenya Limited - 6.59%
28. Gulf African Bank Limited - 6.52%
29. Diamond Trust Bank Kenya Limited - 6.47%
30. ABSA Bank Kenya PLC - 6.37%
31. DIB Bank Kenya Limited - 6.37%
32. Co-operative Bank of Kenya Limited - 6.27%
33. KCB Bank Kenya Limited - 6.17%
34. HFC - 5.99%
35. UBA Kenya Bank Limited - 5.38%
36. NCBA Bank Kenya PLC - 4.99%
37. Citibank N.A Kenya - 4.18%
38. Standard Chartered Bank Kenya Limited - 3.02%