21/04/2025
NCBA Reduces Base Lending Rate to 14.34% p.a. in Line with CBR Adjustment
Lower Cost of Borrowing: Customers with variable-rate loans will benefit from reduced monthly repayments, easing household and business budgets.
Economic Stimulus: More affordable credit encourages borrowing and investment, helping to spur economic growth.
Customer Relief: In a period marked by economic uncertainty, this move provides much-needed financial relief and flexibility to borrowers.
Positive Market Signal: The rate adjustment reflects broader macroeconomic improvements, including reduced inflationary pressure and accommodative monetary policy.
Sector Competitiveness: By aligning with the market, NCBA strengthens its position as a responsive and customer-focused financial institution.
https://techmoran.com/2025/04/21/ncba-reduces-base-lending-rate-to-14-34-p-a-in-line-with-cbr-adjustment/