
NCBA Investment Bank
February 14, 2025 at 06:02 AM
*Mergers, PE deals seen helping banks raise their Capital*
Private equity deals, mergers and acquisitions are expected to feature strongly in Kenyan banks' search for additional capital as all lenders are expected to have at least Sh3 billion in core capital by December 2025. The Central Bank of Kenya (CBK) disclosed last week that it had written to banks, requesting that they furnish the regulator with plans to raise their minimum capital steadily to at least Sh10 billion by the end of 2029 for those that are yet to hit this threshold. Source: Business Daily
🇰🇪
1