Claims of a potential slowdown in bank lending to households and businesses this year saw the National Treasury extend the Sh10 billion core-capital requirement, setting a one-off hard deadline of December 2032.
Cabinet Secretary to the National Treasury John Mbadi held engagements with banks ahead of the 2026/27 budget speech and agreed to the request for the removal of annual milestones on meeting the broader Sh10 billion core capital requirement.
