A branch of Paramount Bank, a Kenyan commercial bank. Photo/Courtesy.
Paramount Bank has crossed the Central Bank of Kenya’s (CBK) minimum core capital requirement of Sh3 billion, achieving a major regulatory milestone more than a month before the December 2025 deadline.
The lender disclosed that its core capital reached Sh3.118 billion as of September 2025, a significant boost driven by a successful rights issue that raised Sh332 million from existing shareholders.
With the enhanced capital position, the bank says it is now better placed to scale up its lending portfolio, accelerate digital transformation, and strengthen customer-focused solutions across retail, SME, and corporate banking.
“This milestone reflects the confidence our shareholders have in Paramount Bank’s strategic vision and our ability to deliver sustainable value whilst meeting all statutory requirements,” said Chief Executive Officer Ayaz Merali.
“The strengthened capital position enables us to scale up lending, enhance operational resilience, and continue providing innovative financial solutions to our customers,” Ayaz added.
Paramount Bank reiterated its commitment to supporting Kenya’s broader economic development through responsible banking practices, risk-aligned growth, and partnerships that uplift individuals, businesses, and communities.
According to the lender, the capital injection is part of a wider strategic plan focused on Expanding digital banking capabilities and payment solutions,Strengthening SME and trade financing support, Enhancing risk and compliance frameworks, and Investing in sustainable and inclusive growth initiatives.
