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KCB sees State roads bond unlocking up to Sh30bn of its unpaid loans

Kenya Commercial bank (KCB) Group CEO Paul Russo makes his remarks during the banks Financial Year (FY) 2024 Results announcement at Radisson Blu Hotel on March 12, 2025.

Photo credit: Francis Nderitu | Nation Media Group

By  Julians Amboko

Contributor

Nation Media Group

KCB Group anticipates unlocking up to Sh30 billion in unpaid loans as the State moves to float a Sh135 billion bond to clear pending bills in the roads sector.

The Kenya Roads Board (KRB) has already received approval to float the bond whose proceeds will be used to settle mounting pending bills and improve liquidity among contractors.

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