Consolidated Bank of Kenya is set for a boost after a National Treasury circular directed State agencies, including parastatals, to channel more business to the lender in a bid to strengthen its role in financing development projects.
Treasury Cabinet Secretary John Mbadi, in a circular dated April 20, 2026, urged ministries, counties, departments and agencies, as well as State corporations and government-owned enterprises, to “actively collaborate with and support” the lender by utilising its banking, financial and insurance services.
