KCB Bank Kenya has reported Foxcapital Investment Limited to the Directorate of Criminal Investigations (DCI) over alleged use of falsified documents in a commercial dispute involving approximately Sh126 billion.

• The dispute centers on an alleged transfer of €978.68 million (approximately Sh126 billion).
• KCB accuses Foxcapital of submitting forged SWIFT messages and internal bank records in High Court Commercial Suit No. E533 of 2026.
• Key questioned documents include purported SWIFT messages and internal KCB reports allegedly issued by an Head of Compliance & Ethics and an AML Compliance Manager.

Citibank Kenya will close its Mombasa branch on November 30, 2026, after operating in the city for over 30 years. The bank is consolidating its corporate banking operations at its Nairobi headquarters to focus on digital services.

• Citibank Kenya is closing its Mombasa branch.
• The closure marks the end of over 30 years of physical operations in Mombasa.
• The move is part of a broader strategy to modernize and digitize banking services, with regulatory approval obtained.

NCBA and HEVA Fund have partnered to provide financing to Kenya's creative industry at a 9 percent interest rate, with flexible repayment options tailored to the sector's unique income cycles.

• Financing offered at a concessional 9% interest rate.
• Key partners include NCBA and HEVA Fund.
• The initiative offers support beyond financing, including financial literacy and mentorship programs.