Banks that CBK rated ‘strong’ in 2021 doubles to six

Central Bank of Kenya. FILE PHOTO | NMG

The number of lenders the Central Bank of Kenya (CBK) rated as ‘strong’ doubled to six in 2021, accounting for a market share of 38.19 percent from 3.6 percent in the previous year.

The regulator uses qualities such as capital adequacy, assets, management quality and the strength of the earnings and the liquidity position of a bank in assessing its soundness.

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Note: The results are not exact but very close to the actual.