Best banks to deposit your money

As of March 2026, the landscape for deposit interest rates in Kenya shows a clear hierarchy among the top ten financial institutions.

Credit Bank PLC leads the market by offering the highest return of 11.39 per cent, followed closely by African Banking Corporation Limited at 11.23 per cent.

These two institutions are the only ones providing rates above 11 per cent.

Development Bank of Kenya Limited holds the third position with a rate of 9.76 per cent, while Middle East Bank (K) Limited follows at 9.35 per cent.

Kingdom Bank Limited and SBM Bank Kenya Limited offer 8.99 per cent and 8.82 per cent, respectively.

Further down the list, Paramount Bank Limited provides 8.80 per cent, Family Bank Limited offers 8.25 per cent, and Victoria Commercial Bank PLC sits at 8.18 per cent.

Prime Bank Limited rounds out the top ten with an interest rate of 8.12 per cent.