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HomeDaily NewsMonday, September 29, 2025Kenyan Financial Sector Sees Expansion and Record Bond Market Turnover - September 2025
Business & Economy3 stories from 2 sources

Kenyan Financial Sector Sees Expansion and Record Bond Market Turnover - September 2025

The Nairobi Securities Exchange (NSE) secondary bond market has achieved a historic milestone, surpassing KSh 2 trillion in turnover as of September 24, 2025. This is the first time the market has reached this level within a single year, exceeding 2024's full-year record of KSh 1.544 trillion. In addition to market growth, financial institutions are expanding their reach. Diamond Trust Bank (DTB) has opened its 90th branch in Kilimani, Nairobi, as part of its ongoing expansion strategy. Meanwhile, KCB Group is intensifying its efforts to support businesses and investors engaging with East Africa and the US markets, according to CEO Paul Russo.

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Monday 11:48 AMThe Kenyan Wall Street

KCB is Vying to Boost East Africa/US Trade, Investments, CEO Paul Russo Says at Bullish Kenya

KCB is Vying to Boost East Africa/US Trade, Investments, CEO Paul Russo Says at Bullish Kenya

KCB Group is intensifying its efforts to support businesses and investors engaging with East Africa and the US markets, leveraging its regional presence, according to CEO Paul Russo.

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Key Highlights

KCB Group is intensifying its efforts to support businesses and investors engaging with East Africa and the US markets, leveraging its regional presence, according to CEO Paul Russo.

  • KCB aims to deepen facilitation of cross-border trade, remittances, and investments between East Africa and the US.
  • The announcement was made by Paul Russo, KCB Group CEO, at the inaugural Bullish Kenya event in New York.
  • The initiative aligns with projected significant growth in trade and investments between Africa and the US over the next five years, with East Africa seeking an extension of the African Growth and Opportunity Act (AGOA).
Monday 7:24 AMThe Kenyan Wall StreetFirst

NSE Secondary Bond Market Crosses Record KSh 2 Trillion in Turnover

NSE Secondary Bond Market Crosses Record KSh 2 Trillion in Turnover

The Nairobi Securities Exchange (NSE) secondary bond market has achieved a historic milestone, surpassing KSh 2 trillion in turnover as of September 24, 2025. This marks the first time the market has reached this level within a single year, exceeding 2024's full-year record of KSh 1.544 trillion by over 30%.

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Key Highlights

The Nairobi Securities Exchange (NSE) secondary bond market has achieved a historic milestone, surpassing KSh 2 trillion in turnover as of September 24, 2025. This marks the first time the market has reached this level within a single year, exceeding 2024's full-year record of KSh 1.544 trillion by over 30%.

  • The market added nearly KSh 500 billion in turnover in just two months since July 21, 2025, with average monthly turnover now at approximately KSh 220 billion.
  • Key drivers include significant auction oversubscriptions, growth in retail investor holdings (exceeding KSh 800 billion), and premium trading on high-coupon infrastructure bonds.
  • S&P's upgrade of Kenya's sovereign rating from B- to B in August, citing improved liquidity management, further supports the market's momentum.
Monday 10:27 AMCapital Business

DTB opens 90th branch in Kilimani

DTB opens 90th branch in Kilimani

Diamond Trust Bank (DTB) has opened its 90th branch in Kilimani, Nairobi, as part of its ongoing expansion strategy.

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Key Highlights

Diamond Trust Bank (DTB) has opened its 90th branch in Kilimani, Nairobi, as part of its ongoing expansion strategy.

  • Located along Lenana Road, the new branch offers a wide range of services including personal and business accounts, loans, mortgages, cards, insurance, and investment products.
  • DTB's Director of Retail Banking, George Otiende, stated the branch will serve Kilimani's growing business and residential community.
  • In the first half of 2025, the bank recorded a 9.7 percent rise in net profit to Sh4.7 billion.
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