Accordingly, institutions should determine the most cost-effective  4  BIS Review 50/2006  way to mitigate risks and continue to assess which possible events deserve greater attention and preparation. Conclusion Our ongoing supervision of banking organizations indicates that a preponderance of institutions continue to be sound and well managed.
These developments have significantly impacted on currency circulation patterns in the country making it inevitable for the Central Bank and commercial banks to review how these operations can be conducted cost effectively. Honourable Deputy Prime Minister, the Central Bank of Kenya in conjunction with the Kenya Bankers Association embarked on establishing Currency Centres two years ago.