Commercial banks with the highest deposit interest rates

In September 2025, Credit Bank PLC emerged as the commercial bank offering the highest deposit interest rate in Kenya at 11.91%.

Close behind is African Banking Corporation Limited, which provides a competitive rate of 11.35%.

Paramount Bank Limited follows with a rate of 10.13%, reflecting its attractive deposit schemes for savers.

Both Kingdom Bank Limited and Middle East Bank (K) Limited offer a rate of 9.53%, making them favorable options for individuals and businesses seeking higher returns on their deposits.

These banks’ high deposit interest rates mean customers earn more from the funds they keep in these institutions, providing a significant incentive to save.

The higher rates also indicate that these banks are actively seeking deposits to fund their lending and investment activities.