Kenyan central bank reports big increase in banks breaching regulations

Governor calls for banks to consider their “long-term impact on society”

DO NOT USE central-bank-of-kenya-day

The Central Bank of Kenya found 25% more banks were in breach of regulations in 2017 compared with the previous year, according to the central bank’s latest annual supervision report.

The central bank found 15 banks were found to be in violation of its own prudential guidelines and Kenya’s Banking Act, compared with 12 in 2016. The central bank said it had found 33 violations of the regulations by the 15 banks from January 1 to December 31, 2017.

The regulator has called for the country’s

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account