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Originally published by The Standard Business
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February 10, 2026
1d ago

Moody's affirms stable outlook for Kenya's top three banks

Moody's affirms stable outlook for Kenya's top three banks

Ratings agency Moody's has given a stable outlook for Kenya's three largest banks, reflecting their systemic importance and solid capital buffers. ..

✨ Key Highlights

Moody's has affirmed a stable outlook for Kenya's three largest banks: KCB Bank Kenya, Equity Bank Kenya, and Co-operative Bank of Kenya. This reflects their systemic importance and strong capital buffers, though high levels of non-performing loans remain a concern.

  • All three banks carry long-term deposit ratings of "B3" with a stable outlook.
  • The ratings agency involved is Moody's.
  • A key risk highlighted is the persistent high levels of bad loans in the sector.

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