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Kenyan banks lose ground in Africa as shilling gains fade and rivals pull ahead

Kenyan banks have lost ground in Africa’s banking rankings after the shilling’s appreciation against the US dollar in 2024 gave way to a period of relative stability, removing a currency-driven boost that had helped lift their position against continental rivals. The latest ranking by The Banker, a publication owned…

TechTrendsKEBy By George Kamau
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Kenyan banks lose ground in Africa as shilling gains fade and rivals pull ahead
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by TechTrendsKE.

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Original headline: “Kenyan banks lose ground in Africa as shilling gains fade and rivals pull ahead”

  • News
  • Central bank of Kenya (CBK)
  • Co-operative Bank
  • Equity Bank
  • Equity Group Holdings
  • KCB Bank