Stanbic Holdings has significantly reduced its loan loss provisions by nearly half due to improved customer repayments and a strengthening economy. This positive trend has also led to an increase in the bank's loan-loss coverage ratio.

• Loan impairment charges reduced by approximately 50%.
• Stanbic Holdings, specifically highlighted by Chief Financial Officer Dennis Musau.
• Loan-loss coverage ratio improved from 62% to 68% year-on-year.

The Kenya Bankers Association (KBA) is advocating for the Central Bank of Kenya (CBK) to maintain the base lending rate at 8.75 percent. This recommendation is based on current economic indicators.

• The KBA cites stable inflation, resilient economic growth, and a stable Kenyan shilling as reasons to keep the rate unchanged.
• The Central Bank Rate (CBR) was previously reduced to 8.75 percent in February to stimulate private sector credit growth.
• The Monetary Policy Committee (MPC) retained the rate in April due to global risks and the need for exchange rate stability.

Consolidated Bank of Kenya, a state-owned financial institution, has reported a significant surge in its profitability for the first half of 2026. The bank posted a net profit of Sh174.83 million, marking a substantial increase driven by improved income streams.

• Net profit grew by an impressive 1,349.5 percent to Sh174.83 million in the six months ending June 30, 2026.
• The primary drivers for this growth were a 33.9 percent increase in net interest income and a 17.6 percent rise in non-interest income.
• Despite the profit growth, gross non-performing loans saw an increase of 12.5 percent to Sh4.27 billion, with loan loss provisions rising by 23.5 percent.