CBK Unveils New Rules Targeting Kenyan Banks

Kenyaβs biggest banks could face tougher requirements and stricter oversight under new CBK rules aimed at guarding against financial shocks...
β¨ Key Highlights
The Central Bank of Kenya (CBK) is introducing new capital and risk rules for banks deemed critical to the nation's financial stability.
- Banks identified as Domestic Systemically Important Banks (D-SIBs) will face higher capital requirements, ranging from an additional 0.5% to 2.5% of risk-weighted assets.
- The CBK aims to enhance the resilience of these major banks and limit the impact of systemic shocks.
- Designated banks will also be subject to more intensive supervision, quarterly stress tests, and must prepare recovery and resolution plans.
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