Nairobi, Feb. 4 -- Customers with existing loans will not pay origination/processing fees in the transition to the new risk-based credit pricing model (RBPCM) starting in March.

Lenders have notified customers with facilities existing before December 1, 2025, that the loans will not attract fees and charges applicable to new facilities, including origination, processing, negotiation and commitment fees.

All loans existing before December 1, 2025, are currently being transitioned to the new pricing model ahead of the February 28 deadline, after which all facilities will fall under the same costing criteria.

Commercial banks have notified customers of the changes as they require clients with existing loans to sign off on new terms.

Keny...