This paper uses annual data from Kenyan banks over the 2010-2020 period to empirically analyze the link between diversification (non-interest income) and bank performance. Using dynamic panel regressions, the study finds that banks which diversify (functionally) their sources of revenues tend to...

This study investigates the demand for government securities by Kenyan banks using annual data from 2005 to 2022. Employing a fixed-effects panel regression model, the research examines the factors influencing banks' sovereign debt holdings and their implications for systemic risk. Key findings...

This paper examines the effect of board gender diversity on bank risk. The empirical analysis is conducted using 21 sample Kenyan commercial banks during the period 2010-2022 in a panel regression framework. Two key results are documented: first, that the share of women in Kenyan bank boards is...

Cognizant of the recent revolution in financial technology (FinTech), this paper explores the effect of FinTech development on bank risk-taking behavior in Kenya over the period 2008 to 2021. The study first develops a FinTech index using text mining technology and then relates this index to...

This main objective of this paper is to quantify the credit gaps that possibly arose following the introduction of interest rate caps in September 2016 in Kenya. To achieve this objective, we employ two approaches. First, we use a statistical procedure - the HP filter to extract the historical...

This study examined the effect of public debt on macroeconomic stability among 45 sub-Saharan African (SSA) countries for the period 2005-2022 using the two-step system Generalized Method of Moments (GMM). The study disaggregated public debt into domestic and foreign borrowing and determined the...

What percentage of tax revenue in GDP is considered optimal for economic growth maximization in Kenya? to determine this percentage, this paper estimates the Scully’s model and the quadratic model using quarterly time series data for years 2000 to 2021. Findings reveals non-linear relationship...

This paper examines the effect of board gender diversity on bank risk. The empirical analysis is conducted using 21 sample Kenyan commercial banks during the period 2010-2022 in a panel regression framework. Two key results are documented: first, that the share of women in Kenyan bank boards is...

This main objective of this paper is to quantify the credit gaps that possibly arose following the introduction of interest rate caps in September 2016 in Kenya. To achieve this objective, we employ two approaches. First, we use a statistical procedure - the HP filter to extract the historical...