World Bank Issues Kenyan Economic Updates as Local Banks Report Financials - November 2025

The World Bank has raised Kenya’s 2025 economic growth forecast to 4.9 percent, citing low inflation, easing monetary policy, and improved credit growth. This positive outlook was detailed in its semi-annual Kenya Economic Update report. However, the World Bank also issued a warning that Kenya's expanding fiscal vulnerabilities, attributed to persistent budget imbalances and high recurrent spending, represent the most significant threat to the country's economic outlook. In the financial sector, Family Bank reported a 56 percent rise in its profit after tax to Sh3.5 billion in the nine months to September 2025, a performance driven by higher interest income. Separately, Paramount Bank successfully met the Central Bank of Kenya's (CBK) minimum core capital requirement of Sh3 billion ahead of the December 2025 deadline.