The Central Bank of Kenya (CBK) has confirmed that it anticipates bank mergers following the Parliamentary approval of a new law requiring commercial banks to have a minimum core capital of sh10 billion, up from the current sh1 billion.This change, outlined in the Business Laws (Amendment) Bill, 2024, was proposed by the CBK and passed … Continue reading CBK Warns Of Bank Mergers As Sh10 Billion Capital Requirement Looms