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Foreign banks turn to parent companies for capital boost
An Ecobank branch in Thika town. Last week, Ecobank TransNational, the Togo-based owner of Ecobank Kenya, injected $27 million (Sh3.5 billion) into its local subsidiary, bringing its total capital to Sh8.5 billion.
The subsidiaries of foreign banks with a presence in Kenya have turned to their parent companies for capital support, as the Central Bank of Kenya (CBK) demands higher core capital levels for lenders starting from December 2025.
The apex bank expects all licensed banks to have a core capital of at least Sh3 billion by year’s end, Sh5 billion by the end of 2026, Sh6 billion in 2027, Sh8 billion in 2028, and Sh10 billion at the end of 2029.
