The Africa Analyst
Your portal to Credit Analysis across Africa
Only around 10% of banks are rated by the credit rating agencies
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Home About us Products News Articles Register for free Login Country list Sector list Banks Insurance Entity list Banking Groups Credit ratings Contact us The Africa AnalystYour portal to Credit Analysis across Africa Only around 10% of banks are rated by the credit rating agenciesFor Africa, despite the fact that bank credit ratings are compulsory in
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As at 31 December 2022, the Kenyan banking sector comprised 38 commercial Banks[1] and 1 mortgage finance company. The Kenya Government held a majority ownership in 2 institutions, while 17 were foreign owned (3 of which are branches). The foreign owned commercial banks accounted for 32.1% of the sector’s assets and the public banks only
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