Kenya: Bank Supervision Annual Report 2009

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The Central Bank of Kenya on Friday released its Bank Supervision Annual Report for 2009. The report reviews the performance of Kenya's banking sector in 2009.

Njuguna Ndung'u, governor of the Central Bank of Kenya, noted that the banking sector demonstrated its resilience with a "commendable performance" in 2009.

On the global scene, the report notes the after effects of the global financial crisis that escalated in 2008 impacted the Kenyan economy negatively. On the domestic arena, a crippling

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