Kenyan banks are experiencing record half-year profits, driven significantly by their operations beyond national borders due to a challenging domestic economic climate.

• Kenyan banks are seeing growth fueled by regional expansion as the domestic economy slows.
• The Central Bank of Kenya (CBK) reported a 5.3% economic expansion in the first quarter of 2026.
• Despite positive growth figures, rising living costs are impacting households and businesses within Kenya, pushing banks to increase loan-loss provisions amid geopolitical uncertainty.