2  BIS Review 139/2007  Ladies and Gentlemen; we are pleased with the steady growth in the microfinance portfolio of the six mainstream institutions involved in microfinance, namely Equity Bank Ltd, Cooperative Bank, K-REP Bank, Family Bank and Kenya Commercial Bank as well as the Kenya Post Office Savings Bank (KPOSB).
That is, we will adjust policy appropriately in light of economic and financial events to best foster conditions consistent with the attainment of our employment and inflation objectives. As you know, in making our policy decisions, my FOMC colleagues and I spend considerable time assessing the incoming economic and financial information and its implications for the economic outlook.