2 Kenyan banks fall short of 2026 capital target as CBK demands explanations

Two commercial banks in Kenya are struggling to raise additional capital, prompting the Central Bank of Kenya (CBK) to demand explanations on how they intend to strengthen their financial positions.CBK Governor Kamau Thugge disclosed that the two lenders had failed to meet the 2026 capital-raising target, although other banks had made progress towards meeting the expected requirements.