Deals by representative banks fall by Sh40bn

People are reflected in the window of the headquarters of JPMorgan Chase on Park Avenue in midtown Manhattan on July 13, 2012 in New York City. 

Photo credit: File | Nation Media Group

Representative offices of foreign banks in Kenya recorded a 15.8 percent drop in value of transactions in 2025 on reduced cross-border payments and project financing business.

The Central Bank of Kenya (CBK) said in its bank supervision annual report for 2025 that the nine representative offices conducted business valued Sh210.9 billion ($1.6 billion) last year, down from Sh250.6 billion ($1.9 billion) in 2024.

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