Situ LMS · Officer

Committee queue

Loan applications above officer authority requiring committee approval.

4 awaiting vote

Borrower	Amount	Product	Recommendation	Credit memo	Risk notes
Mombasa Logistics Aggregators Ltd Mercy Wairimu	KES 92.0M	Fleet finance and receivables bridge	approve	ready	Within delegated large-exposure appetite with perfected NTSA collateral and anchor contract assignment.
Kisumu Coldchain Cooperative David Kiprono	KES 74.5M	Asset finance	defer	pending	Awaiting insurance endorsement and borrower cashflow sensitivity update before committee vote.
Nairobi Retail Merchants Group Fatuma Ali	KES 58.0M	Working capital revolving line	approve	ready	Satisfactory turnover, CRB performance, and escrowed repayment waterfall.
Rift Valley Dealer Network Peter Mwangi	KES 116.0M	Dealer import finance	decline	ready	Concentration, fraud typology, and related-party review remain outside appetite.

Past approvals, rejections, deferrals, vote record, and retained conditions.

4 logged decisions

Meeting date	Borrower	Amount	Decision	Vote record	Conditions
10 Jul 2026	Coast Bus Operators SACCO	KES 81.0M	approved	5 approve / 0 reject / 0 abstain	Perfected logbooks, insurance assignment, and monthly route revenue covenant.
3 Jul 2026	Eldoret Agro Inputs Ltd	KES 47.0M	deferred	2 approve / 1 reject / 2 defer	Resubmit with audited stock reconciliation and updated guarantor net-worth schedule.
26 Jun 2026	Thika Hardware Marketplace	KES 39.0M	approved	4 approve / 1 abstain	Lower initial limit, dealer verification refresh, and fortnightly portfolio monitoring.
19 Jun 2026	Lake Basin Transport Holdings	KES 128.0M	rejected	1 approve / 4 reject	Rejected pending group exposure reduction and verified source-of-funds evidence.

All exposures above 10% of core capital. CBK single-borrower limit is 25% of core capital.

core capital KES 680.0M

Borrower group	Exposure	% core capital	Product mix	Security	Committee action
Mombasa Logistics Aggregators group	KES 164.0M	24.1% trigger 10.0% / CBK 25.0%	Fleet finance, receivables bridge	Vehicles, receivables assignment, DSRA	Approve only with board notification and monthly covenant monitoring.
Lake Basin Transport Holdings	KES 184.0M	27.1% trigger 10.0% / CBK 25.0%	Term loan, dealer import finance	Fleet, property charge, personal guarantees	Reduce exposure before any renewal; current utilization exceeds CBK single-borrower ceiling.
Coast Bus Operators SACCO	KES 81.0M	11.9% trigger 10.0% / CBK 25.0%	Fleet finance	Logbooks and route cashflow assignment	Within large-exposure appetite; retain BCC approval and ALCO funding note.
Kisumu Coldchain Cooperative	KES 74.5M	11.0% trigger 10.0% / CBK 25.0%	Asset finance	Cold-room assets, produce buyer contracts	Defer until valuation, insurance endorsement, and concentration note are complete.

Active credit policy documents with version, effective date, owner, and board approval reference.

4 active

Document	Version	Effective date	Owner	Board approval	Status
Credit policy and underwriting standard	v4.3	1 Jul 2026	Chief credit officer	BCC-2026-07-CREDIT-POLICY	active
Delegated credit authority matrix	v3.8	15 Jun 2026	Credit governance	BOARD-2026-06-DA	active
Large exposure and single-borrower limit policy	v2.6	1 Jun 2026	CRO office and capital planning	BRC-2026-06-LARGE-EXPOSURE	under review
Credit memo evidence and committee paper standard	v1.9	20 May 2026	Credit operations	BCC-2026-05-MEMO	active
Collateral valuation and perfection policy	v2.4	1 Apr 2026	Collateral control	AUDIT-2026-04-COLLATERAL	active