Kenyan borrowers are getting relief as commercial banks reduce their lending rates to the lowest levels in 17 months. This reduction comes amid improved liquidity in the banking sector and stable economic conditions.
The lower interest rates are expected to stimulate borrowing and support economic growth, particularly for small and medium enterprises seeking capital for expansion.
Financial analysts predict this trend will continue as banks compete for quality borrowers in the market.
Originally published on Business Daily Africa
Source: Businessdailyafrica
