Equity Bank Adjusts Interest Rates Amid Strong Financial Performance - Nairobi Wire

Equity Bank announces reduction of loan interest rates for Kenya shilling loans

Equity Bank Kenya announces a reduction in loan interest rates following the Central Bank rate adjustment, for customers accessing Kenya shilling-denominated loans.

Equity Bank Adjusts Interest Rates Amid Strong Financial Performance

Equity Bank has announced a reduction in its Bank Reference Rates following a recent review. In a statement issued on September 8, the bank revealed it will lower the rate from 18.24 percent to 17.83 percent, effective today, September 9. This adjustment reflects the Central Bank Rate (CBR) change on August 6, 2024, which decreased […] The post Equity Bank Adjusts Interest Rates Amid Strong Financial Performance appeared first on Ghanamma.com.

Equity Bank Adjusts Interest Rates Amid Strong Financial Performance - Nairobi Wire

Equity Bank has announced a reduction in its Bank Reference Rates following a recent review. In a statement issued on September 8, the bank revealed it will lower the rate from 18.24 percent to 17.83 percent, effective today, September 9. This adjustment reflects the Central Bank Rate (CBR) change on August 6, 2024, which decreased from 13 percent to 12.75 percent. The Monetary Policy Committee (MPC) reviews the CBR at least every two months, an…