Consolidated Bank targets asset sales, Sh1bn capital boost

A Consolidated Bank of Kenya branch in Nairobi.

Photo credit: File | Nation Media Group

Consolidated Bank of Kenya anticipates a Sh1.125 billion fresh capital injection from the Treasury and disposal of non-core assets, including select buildings, in a race to raise more than Sh3.54 billion required to comply with the revised capital law.

The lender, which is 93.5 percent owned by the Treasury, is awaiting a fresh State injection by the end of June and has also been cleared to dispose of some assets. The bank is among those yet to comply with the requirement to boost minimum core capital to Sh3 billion, which came into effect on January 1, 2026.

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