IFRS 16 Lease Accounting in Kenya
Localized lease accounting automation, contract intelligence, and audit-ready disclosures for financial institutions in Kenya
Kenya IFRS 16 Requirements
The Central Bank of Kenya (CBK) mandates IFRS 16 compliance for all licensed banks and financial institutions. As East Africa's financial hub, Kenya adopted IFRS 16 in 2019, with CBK providing comprehensive guidance on lease identification, measurement, and disclosure.
Central Bank of Kenya (CBK)
Primary regulator for IFRS 16 implementation and lease disclosures
Annual Lease Disclosures
Comprehensive lease portfolio disclosures in financial statements
Mobile Banking Integration
Lease accounting models for digital lending and mobile money platforms
East African Integration
Cross-border lease considerations for EAC regional banking operations
Key Compliance Milestones
ContractHive for Kenya Banks
AI-powered lease accounting automation tailored to CBK regulatory requirements and Kenya's innovative banking landscape
CBK Prudential Templates
Pre-configured outputs matching Central Bank of Kenya prudential statement formats
Digital Lending Models
Specialized lease frameworks for mobile banking and digital credit products
Kenya Macro Scenarios
Forward-looking scenarios calibrated to KES, agriculture, and tourism
Trusted by Leading Kenyan Banks
FineIT serves multiple commercial banks in Kenya with CBK-compliant IFRS 16 solutions. Our presence in Nairobi and deep understanding of Kenya's mobile banking innovation ensures contextual accuracy for both traditional and digital lending portfolios.
Benefits for Kenya Institutions
Proven advantages from our Kenyan ContractHive clients
Frequently Asked Questions - Kenya
Common questions from Kenyan financial institutions
Partner with FineIT for IFRS 16 Compliance in Kenya
Join leading Kenyan banks using ContractHive for CBK-compliant lease accounting automation