The Nairobi Securities Exchange (NSE) has announced the launch of the Banking Sector Index aimed at providing investors with a transparent and reliable measure of the performance of the banking sector.
Tracking Banking Performance at the NSE
The new index is set to track the performance of freely tradable shares of all listed banking institutions at the NSE. Currently, there are 11 banks that have been listed on the Exchange which include; Absa Bank Kenya Plc, BK Group Plc, Diamond Trust Bank Kenya Ltd, Equity Group Holdings Plc, HF Group Plc, I&M Group Plc, KCB Group Plc, NCBA Group Plc, Stanbic Holdings Plc, Standard Chartered Bank Kenya Ltd and The Co-operative Bank of Kenya Ltd.
NSE CEO Lauds move as Innovation
NSE Chief Executive Officer Mr. Frank Mwiti in his commentary on this development, said that the launch is part of efforts to ensure continuous innovation and development so as to meet investor needs and strengthen Kenya’s capital markets. He continued to say that the launching of the Banking Sector Index is aligned with their new strategic goal of diversifying products and deepening market activities. He added that beyond providing investors with a performance tracker the Index will serve as a key step in helping to position the Exchange as a modern and globally competitive marketplace.
From January to September 2025, banking counters have demonstrated strong performance at the bourse, a stable balance sheet and ongoing innovation in financial services. This performance by the sector is encouraging activities within capital markets and wider economy. The Banking Sector Index effects from 1 October 2025.
Also read: NSE Emerges Third on Dollars Return Ranking Across Africa.
