The study examines the determinants of banks expansion in the East African Community (EAC) using data for Kenyan banks. The study estimates both a probit model based on a binary choice of expanding to the region or not, and a pooled panel regression model based on a bank's actual flow of foreign...

This paper investigates the drivers of bank foreign expansion in East Africa. Our results support the view that institutional quality is vital at the planning phase of banks’ going-abroad decision but its importance is muted once the decision has been taken. Second, relatively competitive...