Banking, Financial Services and Insurance

The environment for businesses operating in the financial services sector has become increasingly complex and regulated in recent years. Kenya has seen excise tax imposed on financial services and as recently as 6th May 2021, witnessed the Treasury scrape the 20% excise tax imposed on bank loans.

Our professionals have extensive knowledge of the financial sector and are able to provide informed guidance and insight to our clients who include banks, insurance brokers, fund managers, private equity investors and credit unions. UHY Professionals in accounting, tax and audit combine their skill sets to provide a range of services to our clients in the industry to ensure compliance and maximize business potential across the full spectrum of the industry.