The exposure of Kenyan banks to large debtors has more than doubled to Sh240 billion, raising concerns over concentration risk in the banking sector.

• 20 commercial banks would require at least Sh238.99 billion in new capital if their top three borrowers defaulted.
• The findings are highlighted in the Central Bank of Kenya (CBK) Financial Sector Stability Report.
• The May 2024 stress test indicates that the required capital to meet the Capital Adequacy Ratio has surged from Sh109 billion last year to Sh239 billion this year.