Kenya’s largest commercial banks have adopted different approaches to the Central Bank of Kenya’s revised risk-based credit pricing framework, exposing uneven implementation of a reform intended to improve transparency and strengthen monetary policy transmission. The lender announced that all existing variable-rate Kenya shilling facilities will transition to pricing based on KESONIA plus a customer-specific risk premium, effective 28 February 2026. Equity Bank and Diamond Trust Bank have confirmed that existing variable-rate facilities will continue to be repriced using the Central Bank Rate plus a customer-specific margin. KCB Bank has similarly anchored its framework on the Central Bank Rate. While KESONIA and the Central Bank Rate have historically moved in close alignment, their structures differ significantly.