Overview

Kenya Envisions to have a vibrant and globally competitive financial industry that will not only create jobs but also to promote high levels of saving to finance overall investment needs.

Kenyan finacial sector comprises of Banking, Insurance, Capital markets, Pension Schemes and Quasi-banking institutions such as: Savings and Credit Cooperative Societies (SACCOs); Microfinance Institutions (MFIs); Building Societies, Kenya Post Office Savings Bank (KPOSB); Development Finance Institutions; (DFIs) and informal financial services such as Rotating Savings and Credit Associations (ROSCAs). Financial intermidiation in Kenya has continued to recorded high growth rates due to increased lending as reflected by the rise in domestic credit backed by significant financial innovation. 

Financial services are expected to play critical in the next 18 or so years by providing better intermediation between saving and investments.

Why invest

The more than 40 banks banking sector is dominated by five large banks which account for the bulky of deposits. The remaining banks are small and have limited outreach. This has reduced competition and resulted in high cost of credit. Further given the low penetration of the formal financial services, investing in Microfinance institutions, banks and SACCO’s would have a considerable potential to address the large remaining demand for financial services by the large section of population that is unbanked.

Kenya is under-insured with penetration level of about 1 % of GDP. This signifies the necessity of having an insurance sector that can add more to the economic development of the country therefore a huge potential for the insurance business in Kenya.

Opportunities

Document	Issuing Agency	More Information
Opportunities for Investment at the Nairobi Securities Exchange (1.5 MB)	Nairobi Securities Exchange	Contact us or Nairobi Securities Exchange for Details

For more information on these projects, please visit our portal

News Updates

1. KRA to collect Sh1.2 trillion in the next fiscal year
2. KCB and Equity top list of shares attractive to foreigners

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Documents

Document	Issuing Agency	More Information
Roadmap for obtaining a Banking and Microfinance License (322 KB)	Central Bank of Kenya	Visit Business License Website to download application forms and obtain more details.
Roadmaps for obtaining capital markets licenses (130 KB)	Capital Markets Authority	You can visit Capital Markets Authority website for more information and latest roadmaps and licensing requirements
Roadmap to obtaining an insurance company license (80 KB)	Insurance Regulatory Authority	Please visit Insurance Regulatory Authority website for more information and latest roadmaps and licensing requirements
A summary of Kenya’s Vision 2030 Flagship Projects (212 KB)	KenInvest / Vision 2030	Contact us or the Vision 2030 Delivery Board for Details
Facilitation of Investments in the Capital Markets (824 KB)	Capital Markets Authority	Contact us or Capital Markets Authority for details

For more information on these projects, please visit our portal