Banks claimed that, without the alteration by Mr Mbadi, private sector lending would have slowed down this year as smaller banks pushed to meet the Sh5 billion minimum core capital requirement.
Kenya deferred Sh10bn core-capital requirement to December 2032, removing annual milestones to sustain bank lending growth. Tech enterprises gain stable credit access; private sector lending reached 9.3% in May 2026, supporting digital budgets and growth.
By
Kepha Muiruri
Business Reporter
Nation Media Group
Claims of a potential slowdown in bank lending to households and businesses this year saw the National Treasury extend the Sh10 billion core-capital requirement, setting a one-off hard deadline of December 2032.
Mbadi tells Senate that publicly guaranteed debt stands at about Sh12.842 trillion
Budget reality check as Moody's warns Kenya of fiscal pain ahead
Budget reality check: Moody's warns Kenya of fiscal pain ahead
Treasury defends economic resilience, debt strategy and public finance reforms
The declaration by the National Treasury comes a day after the Central Bank Kenya (CBK) declared the deadlines were not being…
Four banks remain below the minimum capital threshold as lenders prepare for a further increase in regulatory requirements at the…
Kenya’s banks face tougher capital rules as regulators push for stronger, more stable financial institutions through…
National Treasury Cabinet Secretary John Mbadi says altering the upcoming 2026-27 spending plan would leave critical public…
Mbadi's directive effectively places the State-owned lender at the centre of public sector transactions.
Treasury CS John Mbadi will this afternoon step up to deliver a budget statement amid a storm of economic shocks threatening to…
