Ruto Urges Banks to Cut Lending Rates as Borrowing Costs Remain High
President William Ruto has asked commercial banks to bring down lending costs, saying the country’s economic recovery should create better financing opportunities for businesses, farmers and young entrepreneurs. Speaking during the Central Bank of Kenya’s 60th anniversary celebrations on Thursday, September 17, 2026, Ruto said Kenya had made progress in managing economic pressures and should […]
AI summary
President William Ruto has asked commercial banks to bring down lending costs, saying the country’s economic recovery should create better financing opportunities for businesses, farmers and young entrepreneurs. Speaking during the Central Bank of Kenya’s 60th anniversary celebrations on Thursday, September 17, 2026, Ruto said Kenya had made progress in managing economic pressures and should […]
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About this article
- Length
- 56 words · 1 min read
- Published
- September 18, 2026
- Byline
- SABRINA BT
- Source
- Business Today Kenya