Commercial banks are holding Sh2.6 trillion in excess cash, indicating that workers and businesses are preferring passive income over investing in enterprises that would generate jobs.
New data from the Central Bank of Kenya (CBK) shows that banks’ liquidity ratio rose to a new all-time high of 61.7 percent in February 2026 or Sh3.85 trillion, from 58.3 percent in February 2025 and 52.1 percent at the beginning of 2024.
