Private equity deals and mergers and acquisitions are expected to play a major role in Kenyan banks' search for additional capital, as all lenders are expected to have at least Sh3 billion in core capital by December 2025.
The Central Bank of Kenya (CBK) said last week that it had written to banks asking them to provide the regulator with plans to steadily increase their minimum capital to at least Sh10 billion by the end of 2029 for those that have not reached that threshold.