Only 788,853 deposit accounts in Kenya held more than Sh500,000 as of December 2025, Central Bank of Kenya (CBK) data shows.
The figure represents a small share of the 84.1 million deposit accounts recorded across commercial banks and microfinance banks at the end of the year, according to the CBK Bank Supervision Annual Report 2025.
Commercial banks accounted for 781,977 of the accounts holding more than Sh500,000, while microfinance banks accounted for 6,876.
The number of accounts above the Sh500,000 threshold increased from 746,665 in December 2024 to 788,853 in December 2025, representing a rise of 42,188 accounts, or about 5.6 per cent.
However, the overall number of deposit accounts declined from 117,726,271 in December 2024 to 84,111,829 in December 2025.
Commercial banks accounted for 80,676,276 deposit accounts at the end of 2025, compared with 114,244,211 a year earlier.
Of the commercial bank accounts recorded in 2025, 781,977 held more than Sh500,000, while 79,894,299 were below the threshold.
Microfinance banks recorded 3,435,553 deposit accounts in December 2025, compared with 3,482,060 in December 2024. Of these, 6,876 held more than Sh500,000, while 3,428,677 were below the threshold.
NCBA Bank recorded the highest number of deposit accounts among commercial banks, with 36,313,817 accounts in December 2025. Of these, 45,417 held more than Sh500,000.
Equity Bank had 13,869,670 deposit accounts, including 141,259 above the Sh500,000 threshold.
KCB Bank recorded 12,375,104 accounts, with 130,915 holding more than Sh500,000, while Co-operative Bank had 9,420,071 accounts, including 94,016 above the threshold.
Absa Bank recorded 2,687,274 deposit accounts, of which 57,470 held more than Sh500,000.
The CBK data covers 39 commercial banks and 14 microfinance banks and is based on statutory regulatory returns submitted electronically through the CBK Banking Supervision System.
The returns cover deposit accounts recorded as of December 31, 2025 and represent the full population of accounts reported by the institutions rather than a sample of respondents.
CBK categorises the accounts according to deposit balance, including those holding less than Sh500,000 and those holding more than Sh500,000.
The figures represent deposit accounts rather than individual customers. A person or organisation holding multiple accounts is therefore counted for each account held.
