Banking Sector Stories

KBA warns 24 banks at risk of closure over proposed core capital increase
Lucy Mumbi  |  Nov 28, 2024

The debate surrounding the proposed core capital increase and the role of banks in supporting MSMEs continues to draw scrutiny from both lawmakers and...

Banks given 3 years to comply with Sh10bn capital threshold
Alfred Onyango  |  Jun 24, 2024

The goal is to strengthen the banking sector's resilience and increasebanks' capacity to finance large-scale projects, Treasury Cabinet Secretary Njug...

New franchises boost banking sector's growth in Mombasa
Farhiya Hussein  |  Mar 24, 2024

The banking sector in Mombasa is experiencing gradual growth with the arrival of new franchises expanding across the Port City.

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