Equity Bank has announced changes to its loan pricing following the Central Bank of Kenya’s decision to lower the Central Bank Rate (CBR) from 9.00 per cent to 8.75 per cent, effective February 10, 2026.

In a notice to customers on Wednesday, Equity said all new Kenya shilling variable-rate loans will be priced based on the prevailing benchmark rate—currently CBR at 8.75 per cent—plus a premium.

The lender also said existing variable-rate loans already priced on CBR plus a premium will remain on the same pricing structure, with the CBR component adjusting from 9.00 per cent to 8.75 per cent after 30 days from the date of the notice.

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For customers with older Kenya shilling variable-rate loans disbursed before December 1, 2025, Equity said the facilities will continue to be priced on the Equity Bank Reference Rate (EBRR) plus margin for now, but will transition to CBR plus premium on February 28, 2026, as previously communicated.

Equity noted that while monthly instalments and repayment periods remain unchanged, the revision in the benchmark rate may affect the total interest payable over the life of the loan. The bank advised customers to review their updated repayment schedules and contact their relationship managers or visit branches for clarification.