Kenyans with over half a million in bank revealed

Customers at KCB-Kencom Branch banking Hall in Nairobi.

Photo credit: File | Nation Media Group

The number of bank accounts holding more than Sh500,000 increased by 5.7 percent last year amid rising income inequality as top earners and firms increased their savings.

Central Bank of Kenya (CBK) data shows that the high-value accounts rose to 781,977 as at December 2025 from 739,803 a year earlier, reversing a decline of 2,753 accounts that was reported between 2023 and 2024.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.