Kenya’s most expensive, cheapest loans revealed

BD PERSONAL LOAN

SBM Bank and Kingdom Bank are the most expensive banks in Kenya. PHOTO | SHUTTERSTOCK

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By  Kepha Muiruri

Business Reporter

Nation Media Group

SBM Bank and Kingdom Bank were charging the highest interest rates on personal loans by the end of last year, making them the most expensive banks in Kenya, according to the latest data from the Central Bank of Kenya (CBK).

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Note: The results are not exact but very close to the actual.

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