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Eight banks on CBK watch over Sh3bn core capital rule
Central Bank of Kenya (CBK) Deputy Governor Dr Susan Koech speaking at the 42nd Institute of Certified Accountants of Kenya (ICPAK) annual conference in Mombasa on May 21, 2025. She says CBK is closely monitoring eight commercial banks which have not complied with the Sh3 billion core capital saying they need to outline how they will meet this year's requirement.
The Central Bank of Kenya (CBK) is closely monitoring eight commercial banks which have not complied with the Sh3 billion core capital saying they need to outline how they will meet this year's requirement.
The banking regulator said it is worried of the banks which have not met the criteria, saying the increase of the core capital is meant to boost confidence in investors in the country.
