{
  "id": 18022020,
  "title": "CS Lee Kinyanjui says bank loan interest rates have dropped from 19% to 12%",
  "url": "https://urgent.news/2026/11/03/cs-lee-kinyanjui-says-bank-loan-interest-rates-have-dropped-from-19",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T20:44:15.000Z",
  "source": {
    "name": "People Daily Kenya",
    "slug": "people-daily-kenya",
    "url": "https://peopledaily.digital/business/cs-lee-kinyanjui-says-bank-loan-interest-rates-have-dropped-from-19-to-12"
  },
  "original_language": "en",
  "account": null,
  "summary": "Trade Cabinet Secretary Lee Kinyanjui has said the cost of borrowing in Kenya has declined, with some commercial banks now offering loans at interest rates as low as 12 per cent, compared to an average of between 18 and 19 per cent recorded two to three years ago. Kinyanjui attributed the decline to what he […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}