Equity Bank Lowers Lending Rates From 14% to 13.5%

Good news to Kenyans. Following a directive by the Central Bank of Kenya to lower lending rates down from 14% to 13.5%, Equity bank has taken the early initiative to implement the change to its customers, with the lower rates being effective from Tuesday 20^th March 2018.

The new interest rates also stretch to customers borrowing mobile loans, micro loans as well as credit cards.The lower interest rates will create a good, competitive operating environment for SME’s, businesses, individuals and other bank customers.

Dear Member,

We have revised our interest rates as indicated below. pic.twitter.com/mQx6nT1KgJ

— Equity Bank Kenya (@KeEquityBank) March 21, 2018

The bank remains committed to providing innovative affordable and convenient financial solutions like Eazzy Banking that will continue to expand customers opportunities.