The Kenya Banking Industry

Monthly Newsletter | July 14, 2023

The Kenya Banking Industry

The Kenya Banking Industry (“the Industry”) remains resilient despite the prevailing macroeconomic headwinds in the Country and plays a crucial role in Kenya’s economy, which is the largest in the East African region with a real Gross Domestic Product (GDP) of Kshs 9.9 trillion (US$ 84.1 billion) in 2022.

As at 31 December 2022, the industry’s total assets stood at Kshs 6.5 trillion, corresponding to 66% of Kenya’s GDP in the same period.

We are delighted to present our newly released Kenya Banking Industry Report, offering valuable insights and trends that shape the banking landscape in Kenya. Discover the key factors driving growth and opportunities in this dynamic sector.

 

 

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