Coverage: Q4 2024 · Information to 14 August 2025

TGB Quarterly Country Banking Sector Report · 14 August 2025

Kenyan banks closed 2024 with a 19.4% capital adequacy ratio and a 16.4% gross NPL ratio, as the Central Bank of Kenya cut its policy rate by 150bp in the fourth quarter while average lending rates barely moved and a new law set minimum core capital to rise from KSh1bn to KSh10bn.