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HomeDaily NewsTuesday, November 25, 2025World Bank Issues Kenyan Economic Updates as Local Banks Report Financials - November 2025
Business & Economy4 stories from 1 sources

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.

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Tuesday 3:10 PMCapital Business

Family Bank net profit up 56pc to Sh3.5bn in Q3

Family Bank net profit up 56pc to Sh3.5bn in Q3

Family Bank reported a significant increase in its profit after tax, rising by 56 percent to Sh3.5 billion in the nine months leading up to September 2025, a performance attributed to higher interest income and effective cost management.

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Key Highlights

Family Bank reported a significant increase in its profit after tax, rising by 56 percent to Sh3.5 billion in the nine months leading up to September 2025, a performance attributed to higher interest income and effective cost management.

  • Profit after tax surged by 56 percent to Sh3.5 billion in the first nine months of 2025.
  • Family Bank, led by CEO Nancy Njau, saw its loan book grow by 10.1 percent to Sh103.7 billion.
  • Total assets reached Sh202.5 billion, and the bank is planning an NSE listing in 2026.
Tuesday 8:07 AMCapital BusinessFirst

World Bank raises Kenya’s 2025 economic growth forecast to 4.9pc

World Bank raises Kenya’s 2025 economic growth forecast to 4.9pc

The World Bank has increased Kenya’s 2025 economic growth forecast to 4.9 percent, citing low inflation, easing monetary policy, and improved credit growth. This positive outlook is detailed in its semi-annual Kenya Economic Update report.

Read Story

Key Highlights

The World Bank has increased Kenya’s 2025 economic growth forecast to 4.9 percent, citing low inflation, easing monetary policy, and improved credit growth. This positive outlook is detailed in its semi-annual Kenya Economic Update report.

  • The World Bank projects Kenya's 2025 economic growth at 4.9 percent.
  • Qimiao Fan, World Bank country director for Kenya, Rwanda, Somalia, and Uganda, highlighted Kenya's pivotal moment due to macro stability and fiscal/structural pressures.
  • Gross domestic product per capita is expected to grow by 2.5 percent in 2025, with the international poverty rate projected to decline by half a percentage point to 43.2 percent in 2026.
Tuesday 8:45 AMCapital Business

Paramount Bank hits CBK capital threshold ahead of deadline

Paramount Bank hits CBK capital threshold ahead of deadline

Paramount Bank has successfully met the Central Bank of Kenya's (CBK) minimum core capital requirement of Sh3 billion, achieving compliance well ahead of the December 2025 deadline.

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Key Highlights

Paramount Bank has successfully met the Central Bank of Kenya's (CBK) minimum core capital requirement of Sh3 billion, achieving compliance well ahead of the December 2025 deadline.

  • The bank's core capital reached Sh3.118 billion as of September 2025, significantly boosted by a rights issue that raised Sh332 million.
  • Paramount Bank is the organization that has complied with the capital threshold.
  • This achievement strengthens the lender's capacity for lending, improves operational resilience, and supports investments in digital banking and customer-focused products.
Tuesday 11:00 AMCapital Business

Fiscal vulnerabilities now Kenya’s biggest economic risk, World Bank warns

Fiscal vulnerabilities now Kenya’s biggest economic risk, World Bank warns

The World Bank has issued a stern warning that Kenya's expanding fiscal vulnerabilities now represent the most significant threat to the country's economic outlook. This is primarily attributed to persistent budget imbalances, stalled revenue reforms, and high recurrent spending, outweighing other domestic and external risks.

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Key Highlights

The World Bank has issued a stern warning that Kenya's expanding fiscal vulnerabilities now represent the most significant threat to the country's economic outlook. This is primarily attributed to persistent budget imbalances, stalled revenue reforms, and high recurrent spending, outweighing other domestic and external risks.

  • The World Bank's latest Kenya Economic Update highlights "missed consolidation targets and high recurrent expenditures" as critical vulnerabilities.
  • The report emphasizes that "without more ambitious reforms, fiscal and debt vulnerabilities are likely to persist" for Kenya.
  • Other significant risks include falling real wages, weak job creation, political instability, climate risks such as droughts and floods, and global uncertainties.
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