Kenya’s Central Bank to Raise Core Capital Requirements for Commercial Banks

• Central Bank of Kenya to increase minimum core capital for commercial banks from KES 1 billion to KES 10 billion
• Move aims to enhance stability and resilience of the banking sector

Nairobi, Kenya – The Central Bank of Kenya (CBK) plans to increase the minimum core capital requirements for commercial banks from the current KES 1 billion to KES 10 billion, in a bid to enhance the stability of a sector that holds nearly KES 6 trillion.