The total value of unclaimed financial assets held in Kenya has reached a record high, even as the number of individuals successfully claiming their funds has seen a notable decline, according to the Economic Survey 2026.
- •Data from the Unclaimed Financial Assets Authority (UFAA) reveals that the total value of unclaimed financial assets received in 2025 climbed to KSh 5.18 billion, a significant increase from the KSh 4.27 billion recorded in 2024.
- •The banking sector is the largest contributor to this pool, accounting for 70.4% of all unclaimed assets received during the year.
- •The information and communication sector followed, contributing 14.9% of the total, while listed companies and insurance sectors contributed smaller portions of the accumulated wealth.
While the volume of unclaimed assets is rising, the momentum of reunification with original owners has slowed. The number of claimants decreased by 32.7% to 5,014 in the 2024/25 financial year, down from 7,445 in 2023/24.
Consequently, the value of assets successfully reunified with claimants also saw a marginal decline of 1.2%, amounting to KSh 427.5 million in 2024/25. This downward trend in claims, despite the growing total value of assets in custody, suggests a potential gap in awareness or procedural hurdles for beneficiaries attempting to recover their dormant financial assets.
