Traditionally, financial systems have been bank-based or market-based. The efficiency properties of these systems are …, and law, finance and politics. Both systems have advantages and disadvantages. With regard to stability, both bank …

Using household surveys and bank penetration data at the district-level in 2006 and 2009, this paper examines the … impact of Equity Bank-a leading private commercial bank focusing on microfinance-on access to banking in Kenya. Unlike other … commercial banks in Kenya, Equity Bank pursues distinct branching strategies that target underserved areas and less …