Four banks breach CBK capital rules as tougher thresholds loom

Four Kenyan lenders – Credit Bank, Consolidated Bank of Kenya, Development Bank of Kenya, and Access Bank Kenya – had not met the Sh3 billion minimum core capital requirement by December 2025 and remained non-compliant at end of March 2026. Six other banks have since raised their capital above the threshold. Credit Bank, with a Sh1.63 billion shortfall, is raising Sh4.5 billion through a private placement. Capital requirements will rise to Sh5 billion by end of 2026 and up to Sh10 billion by 2029.