Kenya Bank’s Reference Rate (KBRR) is a benchmark rate prescribed by the Central Bank of Kenya for pricing all floating / variable / flexible interest rate (Kenya shilling denominated) loans or credit facilities. The page has the following main options. The Central Bank of Kenya (CBK) has released the average interest rates charged by different banks in a bid to promote fair competition and reduce borrowers exposure to high lending rates. In most cases, the rates range between 7 % to 10 % but they depend on the amount of money you wish to save with the bank. Equity has savings deposits of a minimum of interest of 70% of the CBR, hence setting its current fixed deposit rates at a minimum of 6.65%. 6. The Fixed Deposit Account is available in Kenya Shillings, US Dollar, Pound Sterling, for other currencies please contacts via our contact center or visit any of our branch Increase in Government Securities by Banks Kenyatta's government in September 2016 capped interest rates chargeable by banks at no more than 4% of the base rate set by the Central Bank of Kenya … The minimum fixed deposit for the Equity Bank is 6.65%. The more you save the more you earn! Sanlam cautions clients against market volatility. Equity Bank Kenya interest rates. Inverted Curves; Spread; Credit Ratings; Central Bank Rates; Sovereign CDS; News; Central Bank Rates. Internet Banking . Commercial Bank of Africa (CBA) has from time immemorial been praised for offering the most attractive interest rates on savings. Coronavirus and your savings We’re here to support you if you find yourself in financial difficulties as a result of coronavirus so if you need access to your money from your fixed-term deposits, we might be able to help. You can use FD Interest Rate Calculator to calculate the interest and maturity value of your FD. Features. The rate will apply on an annual basis. A bank representative may call you at any time to obtain further information in line with our KYC process. Rates and charges for Barclays Business accounts. The bank allows customers to negotiate terms, which means you can negotiate the interest upwards depending on the amount of money you will save with the bank. Price refers to a hypothetical zero coupon bond, with a face value 100. Zero monthly fees. All other currencies are transacted via electronic exchange and transfers. I&M Bank only buys and Sells USD, EURO & GBP Currencies. Click on the "Residual Maturity" link to get historical serie. List of available Government Bonds. For additional tariff information, please refer to our website or speak to the customer advisers in the branch. 8. Banks in Kenya are supervised by Banki Kuu ya Kenya or the Central Bank of Kenya (CBK). Pricing guide. Overview of Worldwide Interest Rates set by local central banks. Find the best loan repayment terms for you by entering an amount, interest rate, and borrowing period. Remember, PIN yako siri yako. This means that banks will from today charge a maximum of 14.5 per cent interest on current and existing loans, as the interest rate-controlled regime kicks in. The Bank reserves the right to determine the final interest rate in accordance with applicable laws and amount that can be borrowed. 11. At no point shall you be asked for your PIN or passwords. Apply for mortgage loan at attractive mortgage rates. 2. Earn interest on your hard earned money by opening a Hekima Savings Account. 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