Paramount Bank has successfully raised Sh332 million from existing shareholders through a rights issue, surpassing the Central Bank of Kenya's (CBK) revamped core capital requirement of Sh3 billion well before the December 2025 deadline.

• The bank's core capital now stands at Sh3.118 billion, demonstrating compliance with the new regulatory threshold.
• The Chief Executive Officer, Ayaz Merali, stated that the capital increase will boost lending capacity across retail, SME, and corporate segments.
• The revised CBK rules tripled the minimum core capital from Sh1 billion to Sh3 billion, aiming to strengthen Kenya’s banking sector and encourage consolidation.