Mbadi seeks CBK truce over Sh10bn bank capital dispute

Author: Kepha MuiruriPublished on: November 8, 2026Country: Kenya

Business & Economy

Mbadi seeks CBK truce over Sh10bn bank capital dispute

Kenya’s Treasury and the Central Bank of Kenya (CBK) are holding talks to reach agreement after a dispute over the deadline for commercial banks to raise minimum core capital to Sh10 billion. Treasury Cabinet Secretary John Mbadi confirmed discussions with CBK Governor Kamau Thugge. Mbadi had announced extending the compliance deadline from 2029 to 2032 and scrapping the CBK’s phased approach, which would have reached the threshold over five years.

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