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HomeDaily NewsThursday, March 12, 2026Kenya Public Debt Surges to Sh12.29 Trillion - March 2026
Business & Economy3 stories from 2 sources

Kenya Public Debt Surges to Sh12.29 Trillion - March 2026

Kenya's public debt has surged to Sh12.29 trillion by December 31, 2025, marking a significant increase partly attributed to financing budget deficits and accumulated interest. SBM Bank Kenya has announced a significant financial turnaround, returning to profitability after a challenging year, posting a profit before tax of Sh614 million for the year ending December 31, 2025, a remarkable shift from a Sh1.6 billion loss in 2024. KCB Group has announced an 11 percent increase in net profit, reaching Sh68.4 billion for the year ending December 31, 2025, with growth driven by a significant rise in lending and overall revenues.

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Wednesday 7:44 PMNation BusinessFirst

Kenya’s public debt shoots to Sh12.29trn

Kenya’s public debt shoots to Sh12.29trn

Kenya's public debt has surged to Sh12.29 trillion by December 31, 2025, marking a significant increase partly attributed to financing budget deficits and accumulated interest.

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Key Highlights

Kenya's public debt has surged to Sh12.29 trillion by December 31, 2025, marking a significant increase partly attributed to financing budget deficits and accumulated interest.

  • The public debt stock increased by 4 percent to Sh12.29 trillion from Sh11.80 trillion in June 2025.
  • The report was released by the Controller of Budget, Margaret Nyakang’o.
  • This debt level represents 67.8 percent of Kenya's GDP, exceeding Parliament’s approved threshold of 55 percent.
Wednesday 8:05 PMCapital Business

KCB Group net profit up 11pc to Sh68.4bn

KCB Group net profit up 11pc to Sh68.4bn

KCB Group has announced an 11 percent increase in net profit, reaching Sh68.4 billion for the year ending December 31, 2025. This growth was driven by a significant rise in lending and overall revenues.

Read Story

Key Highlights

KCB Group has announced an 11 percent increase in net profit, reaching Sh68.4 billion for the year ending December 31, 2025. This growth was driven by a significant rise in lending and overall revenues.

  • Customer loans surged by 15 percent to Sh1.59 trillion.
  • The Group CEO, Paul Russo, highlighted the strong performance despite a challenging operating environment.
  • The board has proposed a total dividend payout of Sh7 per share (Sh22 billion), subject to shareholder approval.
Wednesday 11:36 PMCapital Business

SBM Bank Kenya returns to profit after Sh614m turnaround

SBM Bank Kenya returns to profit after Sh614m turnaround

SBM Bank Kenya has announced a significant financial turnaround, returning to profitability after a challenging year. The bank posted a profit before tax of Sh614 million for the year ending December 31, 2025, a remarkable shift from a Sh1.6 billion loss in 2024.

Read Story

Key Highlights

SBM Bank Kenya has announced a significant financial turnaround, returning to profitability after a challenging year. The bank posted a profit before tax of Sh614 million for the year ending December 31, 2025, a remarkable shift from a Sh1.6 billion loss in 2024.

  • SBM Bank Kenya achieved a profit before tax of Sh614 million.
  • The turnaround is attributed to improved operating performance and growth in customer activity due to an ongoing transformation strategy.
  • Customer deposits surged by 20 percent to Sh82.4 billion, driven by increased use of digital payment platforms.
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