Kenya Interest Rates

The Kenyan economy with a population of 41.07 Million (Est 2011, Wiki) ranks 80th in the world with a GDP PPP of 66.6 billion and GDP PPP per capita of 1,750 vs 48,147 (United States) according to the IMF in 2011. Its currency is the Kenyan shilling (KES). Bank deposits held for a fixed term in Kenya are called fixed deposits , with bank websites in the English language. According to its inflation was 9.2% in 2009 and 4% in 2010.

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Kenya Banks

Showing rates for 6 Bank deposit providers in Kenya.
Equity BankEquity Bank1511984Local
National Bank of KenyaNational Bank Of Kenya501968Local
Diamond Trust BankDiamond Trust Bank451945Local
Standard Chartered Bank KenyaStandard Chartered Bank Kenya331911Foreign
Bank of Africa KenyaBank Of Africa Kenya292004Foreign
CfC Stanic Bank KenyaCfC Stanic Bank Kenya222008Foreign

Kenya Discussion Activity

  • Equity Bank
    Q: If I need a loan amounting to Ksh.500000 to buy a car and I have ksh.300000 in my bank account and I want to pay 25% if am offered the loan and then pay the remaining amount in installments, can I be offered a loan?

    frank from Kenya