Deals by representative banks fall by Sh40bn - Business Daily

Author: businessdailyafrica.comPublished on: September 27, 2026Country: Kenya
Business & Economy
Deals by representative banks fall by Sh40bn - Business Daily

Representative offices of foreign banks in Kenya recorded a 15.8% decrease in transaction value in 2025, from Sh250.6 billion in 2024 to Sh210.9 billion, according to the Central Bank of Kenya's annual report. The decline is attributed to reduced cross-border payments and project financing. The Central Bank states this decrease reflects a slowdown in international financing activities. The situation affects the banking sector and the local economy.

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