Kenya to step up supervision: Ndung’u
The Central Bank of Kenya's existing early warning system will be scaled up to incorporate both macro- and microprudential indicators of financial stability, said Njuguna Ndung'u, the governor of the central bank.
Ndung'u said the central bank will also step up supervisory cooperation and coordination with domestic and foreign financial sector regulators. He said this was particularly relevant as Kenyan banks extended their reach locally and regionally and also as products developed encouraged
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