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The Standard e-Paper
Truth Without Fear
The Standard Group Plc is a multi-media organization with investments in media
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A review by The Standard of the latest Central Bank data shows Citibank NA Kenya, part of US-based Citigroup Inc, offered loans at an average rate of 10.59 per cent in July-the lowest among 38 commercial banks in the country.
It was closely followed by other foreign-owned lenders, Stanbic Bank Kenya, a unit of South Africa's Standard Bank Group, at 12.30 per cent; Standard Chartered Bank Kenya at 12.81 per cent; and Ecobank Kenya at 12.87 per cent.
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