Publication:
Structural Issues in the Kenyan Financial System: Improving Competition and Access

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dc.contributor.authorFuchs, Michael
dc.contributor.authorBeck, Thorsten
dc.date.accessioned2013-06-25T19:17:21Z
dc.date.available2013-06-25T19:17:21Z
dc.date.issued2004-07
dc.description.abstractAlthough by regional standards, Kenya's financial system is relatively well developed and diversified, major structural impediments prevent it from reaching its full potential. Crosscountry comparisons, however, show the importance of a well-developed financial sector for long-term economic growth and poverty alleviation. Experience from other developing economies has shown the detrimental effect of government ownership and the positive impact that foreign bank ownership can have on the development of a market-based financial system. Analyzing and decomposing the high interest rate spreads and margins in Kenya helps identify structural impediments that drive the high cost of and low access to financial services. The limited information sharing on debtors, deficiencies in the legal and judicial system, the limited number of strong and reputable banks and non-transparency and uncertainty in the banking market are major impediments to the development of Kenya's financial system, to reducing spreads and to widening access.en
dc.identifierhttp://documents.worldbank.org/curated/en/2004/07/4986852/structural-issues-kenyan-financial-system-improving-competition-access
dc.identifier.doi10.1596/1813-9450-3363
dc.identifier.urihttps://hdl.handle.net/10986/14185
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, D.C.
dc.relation.ispartofseriesPolicy Research Working Paper;No.3363
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectADVERSE CONSEQUENCES
dc.subjectADVERSE SELECTION
dc.subjectAUTONOMY
dc.subjectBANK PRIVATIZATION
dc.subjectBANK SIZE
dc.subjectBANK SUPERVISION
dc.subjectBANKING CRISIS
dc.subjectBANKING INDUSTRY
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBANKING SYSTEMS
dc.subjectBANKS
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL MARKETS
dc.subjectCENTRAL BANK
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMPETITIVENESS
dc.subjectCONSOLIDATION
dc.subjectCONSUMER PROTECTION
dc.subjectCONTAGION
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCOUNTRY COMPARISON
dc.subjectCOUNTRY COMPARISONS
dc.subjectCPI
dc.subjectCREDIT RATIONING
dc.subjectCREDIT RISK
dc.subjectCROWDING OUT
dc.subjectDEBT
dc.subjectDEPOSITORS
dc.subjectDEPOSITS
dc.subjectDEVELOPED COUNTRIES
dc.subjectEARNING ASSETS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMICS
dc.subjectEMERGING MARKETS
dc.subjectEMPIRICAL EVIDENCE
dc.subjectENABLING ENVIRONMENT
dc.subjectFINANCIAL CONTRACTS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIARIES
dc.subjectFINANCIAL INTERMEDIARY DEVELOPMENT
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL POLICIES
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL STRUCTURE
dc.subjectFINANCIAL SYSTEMS
dc.subjectFOREIGN BANKS
dc.subjectFRAUD
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGOVERNMENT POLICIES
dc.subjectGROWTH
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectINSTITUTIONAL ENVIRONMENT
dc.subjectINSTITUTIONAL REFORM
dc.subjectINSURANCE
dc.subjectINTEREST MARGIN
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANKS
dc.subjectINTERNATIONAL TRADE
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL PROVISIONS
dc.subjectLEGISLATION
dc.subjectLENDING RATES
dc.subjectLIQUIDITY
dc.subjectLOAN LOSS PROVISIONS
dc.subjectLOOTING
dc.subjectMANDATES
dc.subjectMARKET DISCIPLINE
dc.subjectMICROFINANCE
dc.subjectMORAL HAZARD
dc.subjectMORTGAGES
dc.subjectNET INTEREST MARGIN
dc.subjectOVERHEAD COSTS
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPARTIAL PRIVATIZATION
dc.subjectPOLICY
dc.subjectPOLICY ENVIRONMENT
dc.subjectPOLICY MAKERS
dc.subjectPOLITICAL INTERFERENCE
dc.subjectPORTFOLIOS
dc.subjectPOVERTY ALLEVIATION
dc.subjectPRIVATE BANKS
dc.subjectPRIVATIZATION
dc.subjectPRODUCTIVITY
dc.subjectPROFIT MARGIN
dc.subjectPROFIT MARGINS
dc.subjectPROFITABILITY
dc.subjectPUBLIC POLICY
dc.subjectRECAPITALIZATION
dc.subjectRESERVE REQUIREMENTS
dc.subjectRESOURCE ALLOCATION
dc.subjectRETURN ON ASSETS
dc.subjectSAVINGS
dc.subjectSHAREHOLDERS
dc.subjectSMALL BANKS
dc.subjectSUPERVISORY FRAMEWORK
dc.subjectTERMS OF TRADE
dc.subjectTRANSPARENCY
dc.subjectVALUE OF MONEY
dc.subjectVOLATILITY
dc.subjectVULNERABILITY FINANCIAL SYSTEM
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectPOVERTY ALLEVIATION
dc.subjectGOVERNANCE
dc.subjectOWNERSHIP
dc.subjectINTEREST RATES
dc.subjectCAPITAL MARKETS
dc.subjectSHAREHOLDERS
dc.subjectINCOME GROWTH
dc.subjectGROSS DOMESTIC PRODUCT PER CAPITA
dc.subjectPRIVATIZATION
dc.titleStructural Issues in the Kenyan Financial System: Improving Competition and Accessen
dspace.entity.typePublication
okr.crossref.titleStructural Issues in the Kenyan Financial System: Improving Competition and Access
okr.date.doiregistration2025-04-10T09:28:10.439895Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2004/07/4986852/structural-issues-kenyan-financial-system-improving-competition-access
okr.globalpracticeFinance and Markets
okr.guid490961468752779282
okr.identifier.doi10.1596/1813-9450-3363
okr.identifier.externaldocumentum000090341_20040730101641
okr.identifier.internaldocumentum4986852
okr.identifier.reportWPS3363
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2004/07/30/000090341_20040730101641/Rendered/PDF/wps3363.pdfen
okr.region.administrativeAfrica
okr.region.countryKenya
okr.topicEconomic Theory and Research
okr.topicBanks and Banking Reform
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.topicEnvironmental Economics and Policies
okr.topicPayment Systems and Infrastructure
okr.topicFinancial Crisis Management and Restructuring
okr.unitOff of Sr VP Dev Econ/Chief Econ (DECVP)
okr.volume1 of 1
relation.isAuthorOfPublication4694cd5a-bd90-594b-abe2-f5b681139e6d
relation.isAuthorOfPublication.latestForDiscovery4694cd5a-bd90-594b-abe2-f5b681139e6d
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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