Kenya’s Banks Ranked: Loan and Deposit Interest Rates Across All Lenders

Kenya’s banking sector shows a wide and uneven spread in borrowing and savings costs, as new Central Bank data highlights persistent gaps between the cheapest and most expensive lenders despite a slight easing in average rates.

Interest rates in Kenya edged slightly lower at the start of 2026, according to data from the Central Bank of Kenya, even as the gap between the cheapest and most expensive banks remains wide.

The average lending rate fell to 14.78 percent in February 2026 from 14.83 percent in January, while the average deposit rate declined to 6.82 percent from 7.01 percent.

Below is a full breakdown of all commercial banks and where they stand on both loans and deposits.

Banks With the Cheapest Loans

Citibank N.A Kenya — 10.21%

Standard Chartered Bank Kenya Limited — 12.07%

Stanbic Bank Kenya Limited — 12.12%

Habib Bank A.G Zurich — 12.80%

Guardian Bank Limited — 13.51%

ABSA Bank Kenya PLC — 13.79%

Bank of Baroda (Kenya) Limited — 13.87%

Prime Bank Limited — 13.97%

Consolidated Bank of Kenya Limited — 13.99%

Paramount Bank Limited — 14.00%

Mid-Tier Lending Rates

Gulf African Bank Limited — 14.15%

Bank of India — 14.28%

Victoria Commercial Bank PLC — 14.34%

Diamond Trust Bank Kenya Limited — 14.45%

Premier Bank Kenya Limited — 14.69%

I&M Bank Limited — 14.82%

M-Oriental Bank Limited — 14.97%

Equity Bank Kenya Limited — 14.98%

KCB Bank Kenya Limited — 15.19%

Kingdom Bank Limited — 15.19%

Ecobank Kenya Limited — 15.22%

Guaranty Trust Bank (K) Ltd — 15.26%

African Banking Corporation Limited — 15.36%

NCBA Bank Kenya PLC — 15.42%

Commercial International Bank (CIB) Kenya Limited — 15.43%

Co-operative Bank of Kenya Limited — 15.45%

UBA Kenya Bank Limited — 15.50%

National Bank of Kenya Limited — 15.64%

Sidian Bank Limited — 15.88%

Family Bank Limited — 15.98%

Higher Lending Cost Banks

DIB Bank Kenya Limited — 16.40%

Middle East Bank (K) Limited — 16.44%

Development Bank of Kenya Limited — 16.59%

HFC — 17.39%

SBM Bank Kenya Limited — 17.71%

Bank of Africa Kenya Limited — 18.20%

Credit Bank PLC — 18.41%

Access Bank (Kenya) PLC — 19.05%

Deposit Rates: Highest Returns for Savers

African Banking Corporation Limited — 11.45%

Credit Bank PLC — 11.03%

Development Bank of Kenya Limited — 9.89%

Middle East Bank (K) Limited — 9.37%

Paramount Bank Limited — 9.27%

Kingdom Bank Limited — 9.26%

SBM Bank Kenya Limited — 8.91%

Family Bank Limited — 8.44%

Victoria Commercial Bank PLC — 8.34%

Commercial International Bank (CIB) Kenya Limited — 8.20%

M-Oriental Bank Limited — 8.06%

Sidian Bank Limited — 7.92%

Bank of Africa Kenya Limited — 7.64%

Access Bank (Kenya) PLC — 7.61%

Bank of India — 7.60%

Bank of Baroda (Kenya) Limited — 7.53%

I&M Bank Limited — 7.49%

Guardian Bank Limited — 7.33%

National Bank of Kenya Limited — 7.21%

Gulf African Bank Limited — 7.07%

Guaranty Trust Bank (K) Ltd — 7.07%

Lower Deposit Rates (Big Banks Pay Less to Savers)

ABSA Bank Kenya PLC — 7.04%

Consolidated Bank of Kenya Limited — 6.95%

Habib Bank A.G Zurich — 6.76%

DIB Bank Kenya Limited — 6.74%

Equity Bank Kenya Limited — 6.73%

Diamond Trust Bank Kenya Limited — 6.52%

KCB Bank Kenya Limited — 6.20%

Co-operative Bank of Kenya Limited — 6.10%

UBA Kenya Bank Limited — 5.87%

HFC — 5.68%

Premier Bank Kenya Limited — 5.52%

NCBA Bank Kenya PLC — 5.17%

Ecobank Kenya Limited — 5.03%

Citibank N.A Kenya — 4.96%

Stanbic Bank Kenya Limited — 3.88%

Standard Chartered Bank Kenya Limited — 3.19%

The spread between the cheapest and most expensive lenders remains wide, reflecting differences in risk profiles, funding structures and pricing models across the banking sector.

The variation comes as banks adjust to a risk-based pricing system linked to KESONIA, introduced in 2025, which ties lending rates more closely to benchmark market conditions.

At the same time, monetary easing has continued, with the Central Bank Rate cut to 8.75 percent in February 2026, even as savers see declining returns across the sector.

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