BIS central bankers’ speeches  1  With regard to innovation, I would like to note that CIS is one of the most inventive mechanisms in Kenya that has contributed immensely to the development of the financial sector. Despite being a young concept, the success achieved by CIS is remarkable.
This has been duly recognized in Kenya’s enhanced rankings in the World Bank Doing Business Report, 2016. In the Ease of Getting Credit Indicator, Kenya emerged position 28 globally. This is a significant improvement from position 118 in 2015, largely attributed to the developments in the CIS environment such as the sharing of full file data by both Commercial and Microfinance Banks.