Stable shilling cuts Sh16bn off top banks’ forex income

The country's top nine banks saw a Sh16.22 billion fall in foreign exchange income to Sh54.75 billion for the financial year ended December 2025. Standard Chartered experienced the sharpest decline, with forex income dropping by 58.6%, followed by DTB and Stanbic. In contrast, Equity's forex income rose by 24.3% due to better performance in its regional subsidiaries.