BIS central bankers’ speeches  1  However, the Kenyan housing sector is currently characterized by inadequacy of affordable and decent housing and low-level of urban home ownership. Despite the challenges, the Housing Sector plays a critical role in the achievement of key goals envisaged by Vision 2030.
Basel III requires conventional banks to hold a stock of high quality liquid assets that can be used to meet unexpected deposit outflows. These instruments include highly rated paper issued by sovereigns and by corporates.