Interest rate on bank deposits reached 8.30% in second quarter of 2015 in Kenya, according to the National Central Bank. This is 3.04% less than in the previous quarter.
Historically, interest rate on bank deposits in Kenya reached an all time high of 20.7% in 2Q1998 and an all time low of 2.13% in 2Q2004.
Kenya has been ranked 21st within the group of 118 countries we follow in terms of interest rate on bank deposits.
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