Up to 12 Kenyan banks are facing potential mergers, acquisitions, or collapse unless they raise a collective Sh19.8 billion in capital by year-end. This warning comes from a new Central Bank of Kenya (CBK) report, marking a significant threat to the country's banking industry.

• 11 banks are currently operating with core capital below the new Sh3 billion threshold as of June 2025.
• The warning was outlined in the CBK’s latest Financial Sector Stability Report.
• This situation represents the most significant threat to the industry since the failures of Imperial Bank and Chase Bank in 2015-2016.