Leasing in Kenya
$110 Billion
GDP
54 Million
Population
KES 100B+
Leasing Market
12.0%
Bank Rate
Overview
Kenya has the most developed leasing market in East Africa, driven by a strong banking sector and growing middle class. The country accounts for approximately 60% of all leasing transactions in the East African Community.
Leasing Landscape
The Kenya leasing market is estimated at over KES 100 billion annually. Major players include NCBA Leasing, KCB Asset Finance, Stanbic Leasing, and several specialized leasing companies. Vehicle leasing dominates, followed by equipment and machinery leasing.
Regulations
Leasing in Kenya is governed by the Banking Act and regulated by the Central Bank of Kenya (CBK). The Movable Property Security Rights Act (2017) modernized the framework for using movable assets as collateral.