Moody’s flags high non-performing loans and pending bills risks for banks

A report by rating firm Moody's shows that the Kenyan banking sector's outlook remains stable on steady economic conditions and solid financial buffers. But the firms warn that Kenya's banks’ profitability may soften in 2026 from a 2025 peak, but will remain solid. Moody’s, pointing out that the shrinkage may come from non-performing loans, which will remain high.