Kenyan Listed Banking Sector Quarterly Earnings and Operating Metrics slide image

Kenyan Listed Banking Sector Quarterly Earnings and Operating Metrics

• Banking Sector Growth Drivers.... Integration of Climate-Related Risk Management: The release of Guidance on Climate-Related Risk Management report by the Central Bank of Kenya (CBK) is driving banks to channel their long term financing into environmental-friendly assets that are more sustainable and have lower risk of damage loss as a result of climate change. Banks will also lend to clients whose activities do not pose an environmental risk and will ultimately lead to improvement of collateral quality. Key to note, Equity Group and KCB Group have sourced for loans from International Finance Corporation (IFC) aimed at supporting the growth of the bank's climate finance portfolio Cytonn 25
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