The grip of large banks on the sector's deposits and loans is easing, six years after the collapse of three small lenders caused a shift by customers to the safety of tier one players.
The concentration of both assets and liabilities has eased in the past two years, a survey by the Kenya Bankers Association (KBA) and data from the Central Bank of Kenya (CBK) shows, pointing to improved customer confidence in the lower tiers lenders as well as an increased ability by the smaller banks to mobilise deposits and disburse loans.
