General Assessment

    Variable(2018)
    Data
    Main constraints in the development of the housing finance sector High cost of housing units, high incidental costs (i.e. legal/valuation fees, stamp duty), high cost of land for construction
    New developments that will have a major impact on the sector 
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    Notes: The lowest urban minimum wage; applies to general labourers. The highest urban minimum wage is KSh11,723 (USD162.59) which applies to Grade I Artisans, cashiers, and drivers. For Nairobi, Mombasa and Kisumu cities only
    Notes: "On average, the loan to value is approximately 82% of the property value, with larger institutions offering much higher loan to value ratios (85%) than medium (77%) and smaller banks (79%)."
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households
    Notes: % of households that pay no rent with the consent of owner or due to squatting, or other form of tenure
    Notes: % of households; Includes public/social rental units
    Notes: % of households; Includes public/social rental units
    Notes: % of households; Includes public/social rental units
    Notes: 19.5 billion Kenyan Shillings
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 26.6 billion Kenyan Shillings
    Notes: 39.0 billion Kenyan Shillings
    Notes: 4% within municipalities and 2% outside municipalities
    Notes: 4% within municipalities and 2% outside municipalities
    Notes: 4% within municipalities and 2% outside municipalities
    Notes: 4% within municipalities and 2% outside municipalities
    Notes: 4% within municipalities and 2% outside municipalities
    Notes: 5% of net gain
    Notes: 5% of net gain
    Notes: 5% of net gain
    Notes: 5% of net gain
    Notes: 53.8 billion Kenyan Shillings
    Notes: 61.4 billion Kenyan Shillings
    Notes: Capital gains tax is levied at 5% of the net gain. This tax had been suspended in 1985 and was reintroduced in Jan 2015.
    Notes: Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations, 2013
    Notes: Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations, 2013
    Notes: Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations, 2013
    Notes: Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations, 2013
    Notes: Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations, 2013
    Notes: Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations, 2013
    Notes: Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations, 2013
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Commercial banks only
    Notes: Developing Kenya's Mortgage Market
    Notes: Developing Kenya's Mortgage Market Report
    Notes: Developing Kenya's Mortgage Market Report
    Notes: Developing Kenya's Mortgage Market Report
    Notes: Effective 1 January 2017, interest payments on loans borrowed for the purposes of improvement or construction of residential premises are deductible, subject to a limit of KES 300,000 per annum (or KES 25,000 per month).
    Notes: Effective 1 January 2017, interest payments on loans borrowed for the purposes of improvement or construction of residential premises are deductible, subject to a limit of KES 300,000 per annum (or KES 25,000 per month).
    Notes: Effective 1 January 2017, interest payments on loans borrowed for the purposes of improvement or construction of residential premises are deductible, subject to a limit of KES 300,000 per annum (or KES 25,000 per month).
    Notes: Financial Statements of Kenya Commercial Bank and Housing Finance Kenya
    Notes: First-time home buyers are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: First-time home buyers are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: First-time home buyers are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: HF corporate bond was redeemed in October 2019
    Notes: HF Group issued a KsH 3 billion (~USD35 million) bond
    Notes: HF Group raised KSh 2.95 billion with a rights issue
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: Housing co-operatives are financed by members’ savings and housing microfinance (HMF) loans from NACHU. Rural housing co-ops have also access to loans from the Savings and Credit Co-operative Society (SACCOs) they are associated with. The borrower gives power of attorney to National Cooperative Housing Union to hold the titles until the loan is repaid entirely. In the case where there is not title, the local authority gives a letter of allotment to the intending borrower.
    Notes: In 2010, the NGO K-Rep Development Agency formed Makao Mashinani Company Ltd to finance house construction for low-income people
    Notes: In 2010, the NGO K-Rep Development Agency formed Makao Mashinani Company Ltd to finance house construction for low-income people
    Notes: In 2010, the NGO K-Rep Development Agency formed Makao Mashinani Company Ltd to finance house construction for low-income people
    Notes: In 2010, the NGO K-Rep Development Agency formed Makao Mashinani Company Ltd to finance house construction for low-income people
    Notes: In 2010, the NGO K-Rep Development Agency formed Makao Mashinani Company Ltd to finance house construction for low-income people
    Notes: In 2010, the NGO K-Rep Development Agency formed Makao Mashinani Company Ltd to finance house construction for low-income people
    Notes: In 2010, the NGO K-Rep Development Agency formed Makao Mashinani Company Ltd to finance house construction for low-income people
    Notes: In 2010, the NGO K-Rep Development Agency formed Makao Mashinani Company Ltd to finance house construction for low-income people
    Notes: In 2010, the NGO K-Rep Development Agency formed Makao Mashinani Company Ltd to finance house construction for low-income people
    Notes: In 2010, the NGO K-Rep Development Agency formed Makao Mashinani Company Ltd to finance house construction for low-income people
    Notes: In December 2018, the National Housing Development Fund was created. It has not yet disbursed funds.
    Notes: In July 2019, President Kenyatta amended the Banking Act to repeal the interest rate cap
    Notes: In May 2019, the Kenya Mortgage Refinace Corporation was established as a long-term facility of up to EUR90MM. The KMRC will engage in mortgage refinancing through local financial institutions
    Notes: Individuals who do not own a home are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: Individuals who do not own a home are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: Individuals who do not own a home are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: Individuals who do not own a home are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: Individuals who do not own a home are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: Individuals who do not own a home are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: Individuals who do not own a home are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: Individuals who do not own a home are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: Individuals who do not own a home are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: Individuals who do not own a home are eligible to make tax deductible contributions to a savings plan for the purchase of a home. Any interest accumulated is tax exempt.
    Notes: Interest paid on a mortgage loan can be deducted from an individual's taxable income. There is a limit of 150,000 Kenya Shillings per annum. This subsidy took effect January 1, 2006.
    Notes: Interest paid on a mortgage loan can be deducted from an individual's taxable income. There is a limit of 150,000 Kenya Shillings per annum. This subsidy took effect January 1, 2006.
    Notes: Interest paid on a mortgage loan can be deducted from an individual's taxable income. There is a limit of 150,000 Kenya Shillings per annum. This subsidy took effect January 1, 2006.
    Notes: Interest paid on a mortgage loan can be deducted from an individual's taxable income. There is a limit of 150,000 Kenya Shillings per annum. This subsidy took effect January 1, 2006.
    Notes: Interest paid on a mortgage loan can be deducted from an individual's taxable income. There is a limit of 150,000 Kenya Shillings per annum. This subsidy took effect January 1, 2006.
    Notes: Interest paid on a mortgage loan can be deducted from an individual's taxable income. There is a limit of 150,000 Kenya Shillings per annum. This subsidy took effect January 1, 2006.
    Notes: Interest paid on a mortgage loan can be deducted from an individual's taxable income. There is a limit of 150,000 Kenya Shillings per annum. This subsidy took effect January 1, 2006.
    Notes: Interest paid on a mortgage loan can be deducted from an individual's taxable income. There is a limit of 150,000 Kenya Shillings per annum. This subsidy took effect January 1, 2006.
    Notes: Interest paid on a mortgage loan can be deducted from an individual's taxable income. There is a limit of 150,000 Kenya Shillings per annum. This subsidy took effect January 1, 2006.
    Notes: Interest paid on a mortgage loan can be deducted from an individual's taxable income. There is a limit of 150,000 Kenya Shillings per annum. This subsidy took effect January 1, 2006.
    Notes: Interest paid on a mortgage loan can be deducted from an individual's taxable income. There is a limit of 150,000 Kenyan Shillings per annum. This subsidy took effect January 1, 2006.
    Notes: Interest rate cap of 4% above the Central Bank Rate
    Notes: Interest rate cap of 4% above the Central Bank Rate
    Notes: KWFT is the largest MFI and offers the Nyumba Smart Loan for home construction or improvement
    Notes: KWFT is the largest MFI and offers the Nyumba Smart Loan for home construction or improvement
    Notes: KWFT is the largest MFI and offers the Nyumba Smart Loan for home construction or improvement
    Notes: KWFT is the largest MFI and offers the Nyumba Smart Loan for home construction or improvement
    Notes: KWFT is the largest MFI and offers the Nyumba Smart Loan for home construction or improvement
    Notes: KWFT is the largest MFI and offers the Nyumba Smart Loan for home construction or improvement
    Notes: KWFT is the largest MFI and offers the Nyumba Smart Loan for home construction or improvement
    Notes: KWFT is the largest MFI and offers the Nyumba Smart Loan for home construction or improvement
    Notes: KWFT is the largest MFI and offers the Nyumba Smart Loan for home construction or improvement
    Notes: KWFT is the largest MFI and offers the Nyumba Smart Loan for home construction or improvement
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Bank is a government owned commercial bank that opened in 1968.
    Notes: National Housing Act of 2018 established a Housing Development Fund for affordable housing. It is funded through a 1.5 percent employee payroll levy and a further 1.5 per cent employer contribution. Funds have not been disbursed yet
    Notes: National Housing Act of 2018 established a Housing Development Fund for affordable housing. It is funded through a 1.5 percent employee payroll levy and a further 1.5 per cent employer contribution. Funds have not been disbursed yet
    Notes: Offered by HF Group, a private financial services company
    Notes: Offered by HF Group, a private financial services company
    Notes: Offered by HF Group, a private financial services company
    Notes: Offered by HF Group, a private financial services company
    Notes: Offered by HF Group, a private financial services company
    Notes: Offered by HF Group, a quasi-public financial services company
    Notes: Offered by HF Group, a quasi-public financial services company
    Notes: Offered by HF Group, a quasi-public financial services company
    Notes: Offered by HF Group, a quasi-public financial services company
    Notes: Property tax around 1% and land tax maximum 8%; levied by local governments
    Notes: Property tax around 1% and land tax maximum 8%; levied by local governments
    Notes: Property tax around 1% and land tax maximum 8%; levied by local governments
    Notes: Property tax around 1% and land tax maximum 8%; levied by local governments
    Notes: Property tax around 1% and land tax maximum 8%; levied by local governments
    Notes: Refers to units produced annually in urban areas only
    Notes: Rented by government, county government, parastatal, or FBO/NGO/Church/Temple/Mosque; % of households
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,400 to 100,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,400 to 100,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,400 to 100,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,400 to 100,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,400 to 100,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,500 to 110,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,600 to 115,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,600 to 115,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,600 to 115,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,700 to 120,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,800 to 130,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD1,800 to 130,000) is taxed at 10% of gross rent received
    Notes: Residential rental income between KSh144,000 and KShs10,000,000 (~USD2,200 to 160,000) is taxed at 10% of gross rent received
    Notes: Section 33B of the Banking Act was introduced in August 2016 and capped interest rates at 4% above the Central Bank Rate.
    Notes: Some companies raise share capital to use for lending.
    Notes: The Affordable Housing Program offers tax relief incentive of 15% of savings/contribution, in addition to the HOSP, which is a tax-deductible savings plan for first-time home buyers.
    Notes: The Affordable Housing Program offers tax relief incentive of 15% of savings/contribution, in addition to the HOSP, which is a tax-deductible savings plan for first-time home buyers.
    Notes: The Affordable Housing Programme offers stamp duty exemption of 4% (urban areas) and 2% (rural areas) for first time home buyers
    Notes: The Affordable Housing Programme offers stamp duty exemption of 4% (urban areas) and 2% (rural areas) for first time home buyers
    Notes: The Central Bank of Kenya indicates that deposits represent 78 percent of total funding for banks.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The HF Group is a mortgage finance institution that was established in 1965. At one point, the Government of Kenya owned 50% but levels dropped to around 10% by 2014 and further declined.
    Notes: The Kenya Bankers Association aims to standardize banking practices but is not binding
    Notes: The Kenya Bankers Association aims to standardize banking practices but is not binding
    Notes: The Kenya Bankers Association aims to standardize banking practices but is not binding
    Notes: The Kenya Bankers Association aims to standardize banking practices but is not binding
    Notes: The Kenya Bankers Association aims to standardize banking practices but is not binding
    Notes: The Kenya Bankers Association aims to standardize banking practices but is not binding
    Notes: The lowest urban minimum wage; applies to general labourers. The highest urban minimum wage is KSh10,467 (USD138.54) which applies to Grade I Artisans, cashiers, and drivers. For Nairobi, Mombasa and Kisumu cities only
    Notes: The lowest urban minimum wage; applies to general labourers. The highest urban minimum wage is KSh15,216 (USD192.04) which applies to Grade I Artisans, cashiers, and drivers. For Nairobi, Mombasa and Kisumu cities only
    Notes: The lowest urban minimum wage; applies to general labourers. The highest urban minimum wage is KSh17,118 (USD192.74) which applies to Grade I Artisans, cashiers, and drivers. For Nairobi, Mombasa and Kisumu cities only
    Notes: The lowest urban minimum wage; applies to general labourers. The highest urban minimum wage is KSh22,070.95 (USD256.27) which applies to Grade I Artisans, cashiers, and drivers. For Nairobi, Mombasa and Kisumu cities only
    Notes: The lowest urban minimum wage; applies to general labourers. The highest urban minimum wage is KSh24,719.50 (USD251.78) which applies to Grade I Artisans, cashiers, and drivers. For Nairobi, Mombasa and Kisumu cities only.
    Notes: The lowest urban minimum wage; applies to general labourers. The highest urban minimum wage is KSh29,169.00 (USD282.07) which applies to Grade I Artisans, cashiers, and drivers. For Nairobi, Mombasa and Kisumu cities only
    Notes: The lowest urban minimum wage; applies to general labourers. The highest urban minimum wage is KSh30627.45 (USD302.34) which applies to Grade I Artisans. For Nairobi, Mombasa and Kisumu cities only
    Notes: The lowest urban minimum wage; applies to general labourers. The highest urban minimum wage is KSh8,813 (USD116.06) which applies to Grade I Artisans, cashiers, and drivers. For Nairobi, Mombasa and Kisumu cities only
    Notes: The lowest urban minimum wage; applies to general labourers. The highest urban minimum wage is KSh9,782 (USD123.55) which applies to Grade I Artisans, cashiers, and drivers. For Nairobi, Mombasa and Kisumu cities only
    Notes: There are currently no active subsidies to lenders but the KMRC will aim to provide long-term funding and capital market access to local lenders and Savings and Credit Cooperatives
    Notes: This is the limit allowed by the majority of the banks.
    Notes: This is the limit allowed by the majority of the banks.
    Notes: This is the limit allowed by the majority of the banks.
    Notes: Yearly average of Central Bank rate
    Notes: Yearly average of Central Bank rate
    Notes: Yearly average of Central Bank rate
    Notes: Yearly average of Central Bank rate
    Notes: Yearly average of Central Bank rate
    Notes: Yearly average of Central Bank rate
    Notes: Yearly average of Central Bank rate
    Notes: Yearly average of Central Bank rate
    Notes: Yearly average of Central Bank rate
    Notes: Yearly average of Central Bank rate
    Notes: Yearly average of Central Bank rate
    Notes: Yearly average of Central Bank rate