Bank customers lose a record Sh1.9bn to fraud

Author: Patrick AlushulaPublished on: November 5, 2026Country: Kenya

Business & EconomyCrime & Law

Bank customers lose a record Sh1.9bn to fraud

Fraudsters stole a record Sh1.9 billion from Kenyan banks in 2025, according to new data from the Central Bank of Kenya (CBK). The losses rose 19.4 percent from Sh1.59 billion in 2024. This continues a trend dating back to 2023, when bank fraud caused losses of Sh412.47 million. Criminals are exploiting loopholes in electronic payment channels.

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