Top 10 Banks with the Cheapest Loans - CBK

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

According to data published on Wednesday, July 29, the average interest rates on loans dropped to 14.38% in June 2026, down from 14.49% in May 2026.

Citibank N.A Kenya offered the cheapest loan with an interest rate of 10.49%, followed by Standard Chartered Bank Kenya Limited at 11.49%.

The other banks in the top five were Stanbic Bank Kenya Limited (11.50%), Habib Bank A.G Zurich (12.58%), and HFC Limited (13.01%).

Credit Bank PLC has the most expensive loans with an interest rate of 18.89%.

The other banks with the most expensive loans were Middle East Bank (K) Limited (16.22%),  Kingdom Bank Limited (17.02%), SBM Bank Kenya (17.38%), Bank of Africa Kenya Limited  (17.50%), and Access Bank Kenya (17.57%).

Also Read: Top 10 Banks With the Cheapest Loans for February 2026 - CBK

Here Are the 38 Banks and Their Interest Rates for June 2026

1. Citibank N.A Kenya – 10.49%
2. Standard Chartered Bank Kenya Limited – 11.49%
3. Stanbic Bank Kenya Limited  – 11.50%
4. Habib Bank A.G Zurich – 12.58%
5. HFC Limited – 13.01%
6. Guardian Bank Limited – 13.47%
7. ABSA Bank Kenya PLC – 13.48%
8. Bank of India – 13.92%
9. Paramount Bank  Limited – 13.92%
10. Prime Bank Limited – 13.92%
11. Bank of Baroda Kenya Limited – 13.97%
12. Consolidated Bank of Kenya Limited – 14.00%
13. I &M Bank  Limited – 14.00%
14. Development Bank of Kenya  Limited – 14.01%
15. Diamond Trust Bank Kenya Limited – 14.09%
16. Gulf African  Bank Limited – 14.22%
17. Guaranty Trust Bank (K) Limited  – 14.22%
18. Victoria Commercial Bank PLC – 14.24%
19. NCBA Bank Kenya  Limited PLC – 14.57%
20. M-Oriental Bank Limited – 14.58%
21. KCB Bank Kenya Limited – 14.81%
22. Commercial International Bank (CIB) Kenya Limited– 14.81%
23. Equity Bank  Kenya Limited – 14.82%
24. Ecobank Kenya Limited – 15.00%
25. Co-operative Bank of Kenya Limited – 15.08%
26. Sidian Bank Limited  – 15.19%
27. African Banking Corporation  Limited – 15.46%
28. Premier Bank Kenya Limited – 15.49%
29. UBA Kenya Bank Limited – 15.65%
30. DIB Bank Kenya  Limited – 15.72%
31. National Bank of Kenya Limited – 15.84%
32. Family Bank  Limited – 15.91%
33. Middle East Bank (K)  Limited – 16.22%
34. Kingdom Bak Limited – 17.02%
35. SBM Bank Kenya Limited – 17.38%
36. Bank of Africa Kenya Limited – 17.50%
37. Access Bank (Kenya) PLC – 17.57%
38. Credit Bank PLC – 18.89%

Interest Rates for Bank Deposits in June 2026

In June 2026, there was a slight decrease in interest rates for deposits, with the average dropping to 6.84% from 6.86%, recorded in May 2026.

Credit Bank PLC is offering the highest rate at 11.05%, followed by Access Bank (Kenya) PLC at 7.53% and Bank of Africa Kenya Limited at 7.41%. Other lenders among the top performers include SBM Bank Kenya Limited at 8.88% and Kingdom Bank at 9.08%.

At the lower end of the market, Standard Chartered Bank Kenya Limited at 3.00%, followed by Citibank N.A Kenya 4.23% and NCBA Bank Kenya  Limited PLC at 5.16%.

 Co-operative Bank of Kenya Limited offers 6.08%, while HFC Limited provides 6.14%.

1. Credit Bank PLC – 11.05%
2. African Banking Corporation Limited – 10.93%
3. Development Bank of Kenya Limited – 9.91%
4. Middle East Bank (K) Limited – 9.19%
5. Kingdom Bank Limited – 9.08%
6. SBM Bank Kenya Limited – 8.88%
7. Paramount Bank Limited – 8.65%
8. Family Bank Limited – 8.28%
9. Commercial International Bank (CIB) Kenya Limited – 8.00%
10. Sidian Bank Limited – 8.00%
11. Prime Bank Limited – 7.87%
12. Victoria Commercial Bank PLC – 7.81%
13. Access Bank (Kenya) PLC – 7.53%
14. M-Oriental Bank Limited – 7.49%
15. Bank of Africa Kenya Limited – 7.41%
16. Guardian Bank Limited – 7.37%
17. Bank of Baroda Kenya Limited – 7.36%
18. National Bank of Kenya Limited – 7.34%
19. I &M Bank Limited – 7.30%
20. Premier Bank Kenya Limited – 7.24%
21. Consolidated Bank of Kenya Limited – 7.06%
22. Ecobank Kenya Limited – 6.98%
23. Stanbic Bank Kenya Limited – 6.95%
24. Bank of India – 6.95%
25. Equity Bank Kenya Limited – 6.94%
26. ABSA Bank Kenya PLC – 6.80%
27. Guaranty Trust Bank (K) Limited – 6.66%
28. Gulf African Bank Limited – 6.58%
29. Habib Bank A.G Zurich – 6.40%
30. DIB Bank Kenya Limited – 6.32%
31. Diamond Trust Bank Kenya Limited – 6.25%
32. UBA Kenya Bank Limited – 6.19%
33. KCB Bank Kenya Limited – 6.15%
34. HFC Limited – 6.14%
35. Co-operative Bank of Kenya Limited – 6.08%
36. NCBA Bank Kenya Limited PLC – 5.16%
37. Citibank N.A Kenya – 4.23%
38. Standard Chartered Bank Kenya Limited – 3.00%