NCBA Bank has urged Kenyan businesses to urgently step up their defences against a rising wave of risks, warning that cybercrime and climate shocks are becoming major threats to growth and stability.
The call came during NCBA’s Commercial Banking and Insurance Breakfast Forum held in Nairobi on Wednesday, which brought together more than 100 business leaders from key sectors, including manufacturing, agribusiness, ICT, trade, and real estate.
Themed “Future-Proofing Business Amid Emerging Risks”, the event focused on helping companies build resilience in an increasingly volatile business environment.
Recent data by the Communications Authority of Kenya paints a worrying picture: the country recorded 4.5 billion cyberthreats in 2025 alone. Cyberattacks now pose a serious risk to businesses, with a single breach costing millions of shillings and eroding customer trust.
At the same time, climate shocks continue to wipe out between 3 and 5 per cent of Kenya’s GDP every year, disrupting agriculture, trade, and infrastructure — sectors that are central to the economy.
Speaking at the forum, NCBA Bancassurance Intermediary Limited Managing Director, Samuel Odhiambo, said the bank is committed to going beyond traditional lending to help clients face emerging challenges.
“We recognise that our customers expect more than financial support to run their businesses. By integrating our banking and insurance solutions and supporting them to embed these solutions into their operations, we are helping them mitigate future risks and unlock sustainable growth. This is how NCBA delivers its promise of being a true business partner, beyond the usual credit provider,” Odhiambo said.
The panel discussion showcased how integrated banking and insurance products can protect enterprises from unexpected disruptions. Among the highlighted solutions was Cyber Edge Insurance, designed to shield businesses from losses caused by data breaches, ransomware attacks, and fraud.
Other offerings included fraud and management risk covers, employee benefits packages to enhance workforce security and retention, and NCBA’s Go Insure digital platform, which allows businesses to access and manage their policies seamlessly.
Business leaders at the forum noted that resilience is no longer a choice but a necessity. With cybercrime and climate change now recognised as twin threats to enterprise growth, collaboration between banks, insurers, and businesses is becoming critical.
NCBA said the breakfast forum underscores its commitment to forging stronger relationships with clients and providing the tools they need to stay ahead of risks.
“Our focus is to equip businesses to face the future with confidence. Challenges like cybercrime and climate shocks should not derail the ambitions of Kenyan enterprises,” he added.
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