Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Banks pour record Sh53bn loans into farming in one year
The increased financing comes as agriculture remains one of the country’s biggest sources of employment and economic activity, creating a large potential market for lenders seeking new areas of credit growth.
Commercial banks increased lending to the agriculture sector by a record Sh53.1 billion in the year to June 2026, as stronger farm incomes and improved cash flows made the traditionally risky sector more attractive for credit.
Agricultural credit rose 35.1 percent to Sh204.2 billion, making the sector the fastest-growing major destination for private-sector loans during the period, the Central Bank of Kenya data shows.
