KCB to float first tranche of Sh300 billion bond sale in October  

KCB Group CEO Paul Russo during the launch of the KCB Group Sustainability Bond Framework on August 19, 2026 at the KCB Leadership Center, Nairobi.

Photo credit: Francis Nderitu | Nation Media Group

KCB Group targets to raise Sh100 billion by October 2026 as the first tranche of a five-year Sh300 billion medium-term note (MTN) programme, setting the stage for a significantly large capital mobilisation initiative if approved by regulators.

An MTN is a debt instrument used by corporations and financial institutions to raise capital. It usually matures in five to 10 years, offering a middle ground between short- and long-term debt.

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