The Risk-Based Credit Pricing Model (RBCPM) is a differentiated credit pricing that is determined by the customer risk profile. Borrowers with lower risk rating get better interest rates, while higher risk borrowers would get higher interest rates. Therefore, two borrowers in the same customer segment can have different pricing based on their different risk profile. 

We encourage customers to bank their business sales proceeds and salaries through their accounts with us, and ensure prompt loan repayment, to improve their risk rating and in turn improve their customer pricing.

KESONIA applies to all new variable-rate loans denominated in Kenyan Shillings starting from 1st December 2025. 

It will apply for existing loans from 28th February 2026. 

Fixed rate and all foreign currency loans are exempt.

There are no new additional fees or charges. 

The total cost of credit (TCC/APR) disclosures are detailed with all Bank charges namely Effective Interest rate and origination fees, as well as external charges.

Existing facilities rates will transition to KESONIA-based rates by 28th February 2026. Customers shall receive their pricing notices in January 2026.

Customers should make reference for KESONIA rates from the Central Bank of Kenya (CBK) Website. Also, the Bank will publish the applicable KESONIA rate for the month on its website and applicable media platforms.

The Bank shall issue pricing change notices to customers where the Customer Premium (K) has changed during the regular review of the pricing model.