Kenyan banks’ assets in DRC cross Sh1tn
The Central Bank of Kenya’s Bank Supervision Annual Report shows that assets held by Kenyan banks in the DRC increased from Sh933.4 billion in 2024.
Kenyan banks' assets in the Democratic Republic of Congo (DRC) reached a staggering Sh1 trillion in 2025, marking a significant expansion of their operations in the region. According to the Central Bank of Kenya's (CBK) Bank Supervision Annual Report, the assets held by Kenyan banks in the DRC grew from Sh933.4 billion in 2024 to the current record-breaking figure.
This surge in assets accounted for 41 percent of the total assets held by Kenyan banks operating outside Kenya across Burundi, Tanzania, Rwanda, Uganda, South Sudan, and Mauritius.
Uganda followed closely with Sh415.9 billion in assets, while Rwanda held Sh396.2 billion, Tanzania had Sh359.9 billion, Mauritius possessed Sh186.9 billion, South Sudan was valued at Sh62.9 billion, and Burundi rounded out the list with Sh28.4 billion. These figures encompass cash reserves, customer loans, securities, and physical properties, as defined by the World Bank.
The rapid growth in the DRC can be attributed to the strategic moves made by leading Kenyan banks, particularly Equity Group and KCB Group. Both institutions have significantly expanded their presence in the country through strategic acquisitions. Equity Group holds an 85 percent stake in Equity BCDC, a result of the merger between Equity Bank Congo and Banque Commerciale du Congo (BCDC), positioning it as one of the largest banks in the DRC.
Similarly, KCB Group owns 85 percent of Trust Merchant Bank (TMB), which it acquired in 2022, further solidifying its influence in the region's financial landscape.
Written by urgent.news from Capital Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
