Nairobi, April 7 -- Kenyans with money to keep in the country's top nine banks saw returns drop Sh63.7 billion last year as lenders cut savings rates more aggressively than lending rates in a push to boost profits.

Analysis of banks' financial results for the year ended December 2025 show the top lenders paid Sh201.83 billion to depositors from Sh265.53 billion a year earlier, a 29.3 percent drop.

This emerged in a period when deposits in the vaults of banks like KCB Group, Equity Group, Co-operative Bank of Kenya and NCBA Group fell by Sh553 billion to Sh6.186 trillion, underlining the impact of the falling interest rates in the wake of cuts on the benchmark rate.

The drop in cost of funds followed pressure from the Central Bank of Ke...