Half of commercial banks would require at least Sh109.4 billion in fresh capital if each of their top three borrowers were to default on loans, pointing to high risk in the sector.
Central Bank of Kenya (CBK) stress test carried out in May but findings made public in the recently released sector stability report, shows that under a severe scenario, such defaults per bank would see 19 lenders breach the minimum capital requirements by at least Sh109.4 billion.
