Central Bank of Kenya

Central bank · KE · 6 documents

Key number

2.6%

Average Return on Assets in 2024. Journal of finance and accounting. p.1

Key number

340.10 billion $

Global fintech market value in 2024. Zetech Journal of Business and Technology p.1

Key number

2.44%

Kenya Overall Insurance Penetration Rate in 2024. International Journal of Marketing Strategies p.3

Key number

90 percent%

Central Banks Engaged in CBDC Work. IMF Fintech p.7

Key number

₦2 billion

Tier-1 BDC minimum capital requirement. Issues in Contemporary Accounting and Business p.1

Regulatory Reforms in Nigeria's Bureau De Change Sector and Exchange Rate Stability: Assessing the Role of the Central Bank of Nigeria

Research paperIssues in Contemporary Accounting and BusinessNovember 202617 pages

In March 2024, the Central Bank of Nigeria launched a major regulatory overhaul in the Bureau De Change sector, revoking the licenses of over 4000 BDC operators to curb financial malfeasance.

Artificial Intelligence Adoption and the Financial Performance of Commercial Banks in Kenya

Research paperJournal of finance and accounting.November 202621 pages

Average return on assets (ROA) of commercial banks in Kenya declined from 3.3 percent in 2021 to 2.6 percent in 2024.

Product Innovation in Strengthening Competitive Advantage: Insights From M-Pesa

Research paperZetech Journal of Business and TechnologyOctober 20267 pages

The global fintech market was valued at $340.10 billion in 2024 and is projected to reach $1,126.64 billion by 2032.

Stablecoins and Tokenised Deposits in Four African Jurisdictions: Regulatory Readiness, Holder Protection and Cross-Border Settlement

Research paperInternational Journal of Innovative Science and Research Technology (IJISRT)October 202614 pages

South Africa recorded the highest Regulatory Readiness Index score of 75.0% among the four African jurisdictions evaluated.

Evolution of Bancassurance Toward Omnichannel, Embedded, and Personalized Distribution: Evidence from Kenya and Global Markets

Research paperInternational Journal of Marketing StrategiesOctober 202619 pages

Bancassurance gross written premiums in Kenya grew from KES 19.5 billion in 2019 to KES 35 billion in 2023, representing a growth of 79.4%.

The Impact of Central Bank Digital Currency on Payments Competition

Research paperIMF FintechNovember 202544 pages

Over 90 percent of surveyed central banks are engaged in some form of CBDC work, with more than half involved in experiments or pilot projects.