It is defined as the ratio of sustainable funding (including equity capital and long-term liabilities) over the required stable funding. The minimum ratio is 100%. The NSFR rule is scheduled to enter into force in 2020. 6 This number is based on data from the Bundesbank’s monthly bank balance sheet statistics as of January  2018 (latest data: November 2017).
Silas Ruteere; His Worship the Mayor of Meru, Councillor Mr. Mwalimu John; The District Commissioner, Imenti North, Mr. David Cherop; The Chief Executive Officer, Co-operative Bank Kenya Limited, Mr. Gideon Muriuki; The Chief Executive, Kenya Bankers Association, Mr. Habil Olaka; Commercial Bank Chief Executives and their Branch Managers here present; Distinguished Guests; Ladies and Gentlemen: I am greatly pleased and appreciative once again to witness another milestone achievement of the collaborative effort between the Central Bank of Kenya and the Kenya Bankers Association, that is , the launching of Currency Centres concept in Kenya and the official opening of Meru Currency Centre by the Deputy Prime Minister and Minister for Finance.