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Kenya has introduced new banking policies. An economist weighs them up

By XN Iraki, Professor, Faculty of Business and Management Sciences, University of Nairobi
The Central Bank of Kenya has made two significant changes in the country’s banking sector. The first is to lift a decade-long moratorium on licensing new banks. Second is to raise capital requirements, the amount of money banks are required to keep readily available compared with the value of other assets they have. Bank capital is what shareholders have invested in the banking business. It’s…The Conversation


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