On the regional front, there is a move by the countries in the region to permit their institutions to offer Islamic products. Central Bank of Kenya is therefore sharing its experience in Shariah-compliant banking with other Central Banks in the East African Community.
The episode coincided with the banking crisis in the other Nordic countries and is mentioned in Danmarks Nationalbank's Report and Accounts 1992: "Early in the summer, rumours arose that Unibank was facing difficulties.