Gudmundsson, Ragnar; Ngoka-Kisinguh, Kethi; Odongo, Maureen - 2013
The Central Bank of Kenya (CBK) has implemented a requirement that all banks need to build their core capital to KES 1 billion (USD 12 million) by December 2012 up from KES 250 million (USD 4 million) in 2008. The argument from the CBK's perspective is that increased capital base is important...