Kenyan Wall Street | by Jackson Okoth
Kenya’s banking industry has sufficient capital buffers to shield itself from Covid-19 pandemic shocks. This is despite potential effects of the pandemic on the industry’s asset quality and overall performance.
According to The Kenya Financial Stability Report, Issue No 11, published by financial regulators CBK, CMA, IRA and SASRA, this positive outlook will, however, depend on the pandemic’s intensity and duration- which remains uncertain.
The banking industry has set in motion several mitigation measures to…
