Kenyans who save their money in banks are earning a high interest of up to 13 percent in 2025, data from the Central Bank of Kenya (CBK) shows.
According to the data, which covers commercial banks’ average interest rates for June 2025, Premier Bank Kenya Limited had the lowest deposit rate of 2.86, followed by Standard Chartered Bank Kenya Limited with 3.11.
On the other hand, Credit Bank PLC paid the highest returns on deposit at 13.18 percent, followed by Africa Banking Corporation (ABC) Ltd (12.32 percent), Family Bank Limited (11.96 percent), Equity Bank Kenya Ltd (10.73 percent), Kingdom Bank Ltd (10.63 percent), and Development Bank of Kenya Ltd (10.61 percent).
Others are Paramount Bank Ltd (10.42 percent), Access Bank Kenya Ltd (10.11 percent), Commercial International Bank (CIB) Kenya Ltd (9.99 percent), and SBM Bank Kenya (9.77 percent).
According to SBM Bank Kenya CEO Bhartesh Shah, the rate of return on deposit varies depending on the amount and period the funds are deposited in a bank account.
“This helps the common mwanainchi grow financially and save for life events like school fees. Our deposit and savings account rates vary based on the amount of funds deposited and the tenor of the deposit,” said Shah.
CBK reveals banks with lowest and highest loan interest rates
Kenyan banks with high returns on deposits in 2025
- SBM Bank Kenya – 9.77%
- Commercial International Bank (CIB) Kenya Ltd – 9.99%
- Access Bank Kenya Ltd – 10.11%
- Paramount Bank Ltd – 10.42%
- Development Bank of Kenya Ltd – 10.61%
- Kingdom Bank Ltd – 10.63%
- Equity Bank Kenya Ltd – 10.73%
- Family Bank Limited 11.96%
- Africa Banking Corporation (ABC) Ltd – 12.32%
- Credit Bank PLC – 13.18%
