Nairobi, June 4 -- Four lenders had not met the December 2025 minimum core capital requirement of Sh3 billion and remained non-compliant at the end of March, reflecting the strain of the new rules ahead of an even higher threshold later this year.

Banks' disclosures for the quarter ended March 31, 2026 show that Credit Bank, Consolidated Bank of Kenya, Development Bank of Kenya and Access Bank Kenya had core capital below Sh3 billion, putting them in breach of regulatory requirements.

Under the Business Laws (Amendment) Act, 2024, banks were required to raise minimum core capital to Sh3 billion from Sh1 billion by the end of December 2025, triggering a wave of fundraising across the sector.

The law requires lenders to increase minimum ...