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Borrowers spoilt for choice as CBK report shows lending rates

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Central Bank of Kenya Governor Kamau Thugge. [File]

New data from the Central Bank of Kenya (CBK) has highlighted significant disparities in loan interest rates among the country's Tier I banks, underscoring a competitive yet complex lending landscape.

While Diamond Trust Bank (DTB) emerges as the lender offering the lowest rates across personal, business, and corporate sectors, the broader picture reveals a mix of strategies that could influence borrowers' choices.

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