To both our new and existing loan customers,
In line with the Banking (amendment) act of 2016, we have revised our lending rate effective 14th September 2016.
The new rate is based on Central bank rate(CBR) as advised by Central Bank of Kenya. CBR currently stands at 10.5% per annum and accordingly, Chase bank will lend at a maximum of 14.5% (CBR +4%). The new rate will apply on existing as well as new loan applications in Kenya shillings.
We thank you for your continued support.