Interest rate on bank loans reached 15.4% in second quarter of 2015 in Kenya, according to the National Central Bank. This is 1.51% less than in the previous quarter.
Historically, interest rate on bank loans in Kenya reached an all time high of 38.0% in 1Q1994 and an all time low of 12.2% in 4Q2004.
Kenya has been ranked 26th within the group of 109 countries we follow in terms of interest rate on bank loans.
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