However, we expect that having followed keenly the developments in the banking sector, our respective Institutes of Bankers will strive to offer more relevant courses and training opportunities to its membership to meet the growing training needs on risk management in banks.
Ladies and Gentlemen, Since 1999, banking institutions in Kenya have been regulated under Basel I Capital Adequacy Accord which was issued by the Basel Committee in 1988 to guide in assessing banks’ capital adequacy requirements. Under this framework, the focus has been largely placed on the credit risk faced by banks.