Kenya

Kenya's banking sector comprised 38 commercial banks and one mortgage finance company at end-2025, with net assets of KSh8.35tn, up 10.3% on the year. Twenty local private banks held 70.6% of assets, 17 foreign-owned banks 28.9% and two state-owned banks 0.5%. Eight large banks accounted for 69.7% of the market on the CBK's composite index, led by KCB Bank Kenya with 17.9% of sector net assets. Kenya's largest groups, notably KCB and Equity, also run subsidiaries in Uganda, Tanzania, Rwanda, South Sudan and the Democratic Republic of Congo.