{"id":15908,"date":"2025-09-11T12:39:09","date_gmt":"2025-09-11T12:39:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/15908\/"},"modified":"2025-09-11T12:39:09","modified_gmt":"2025-09-11T12:39:09","slug":"deep-pocketed-foreign-banks-beat-kenyan-rivals-with-cheaper-loan-rates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/15908\/","title":{"rendered":"Deep-pocketed foreign banks beat Kenyan rivals with cheaper loan rates"},"content":{"rendered":"

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Central\u00a0Bank\u00a0Of Kenya on Haile Selassie avenue in Nairobi.[Wilberforce Okwiri,Standard]<\/p>\n


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Kenyan units of global banking giants are offering the country\u2019s most competitive lending rates, using their expansive capital bases to undercut domestic rivals and capture prime\u00a0borrowers in the country. \n<\/p>\n

A review by\u00a0The Standard\u00a0of the\u00a0latest central bank data shows Citibank NA Kenya, part of US-based Citigroup Inc, offered loans at an average rate of 12.59 per cent in July\u2014the lowest among 37 commercial banks in the country.<\/p>\n

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\n 5 for this article<\/p>\n","protected":false},"excerpt":{"rendered":" Central\u00a0Bank\u00a0Of Kenya on Haile Selassie avenue in Nairobi.[Wilberforce Okwiri,Standard] Kenyan units of global…\n","protected":false},"author":2,"featured_media":15909,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[18010,138,219,18012,111,139,69,18011],"class_list":["post-15908","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-banking-loansloan-lending","tag-business","tag-economy","tag-kenya-shilling-overnight-interbank-average","tag-new-zealand","tag-newzealand","tag-nz","tag-risk-based-credit-pricing-model"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/15908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=15908"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/15908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/15909"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=15908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=15908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=15908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}